State treasury raises VND5.9 trillion from government bonds
Saturday, 19:35, 03/06/2017
The State treasury has successfully raised VND5.9 trillion (US$260 million) for the State budget through an auction of Government bonds on the Hanoi Stock Exchange (HNX) on June 1.
The five-year bonds brought in only VND1.343 trillion with a winning yield of 5.05%, up two basic points compared to the previous sale on May 24.
The seven-year and 10-year bonds sold for a total value of VND3 trillion, at lower interest rates compared to the previous sessions, with winning yields of between 5.34% and 5.91% per year.
The 15-year bonds raised VND950 billion, with a winning yield of 6.64%, which is six basic points lower compared to the session held on May 17.
Since early this year, the State treasury has been selling Government bonds. So far it has sold bonds worth around VND103.4 trillion through auctions at HNX.