Over VNĐ11.9 trillion raised via G-bonds in May

Over VNĐ11.9 trillion raised via G-bonds in May

HÀ NỘI – The State Treasury of Việt Nam raised more than VNĐ 一 一. 九 trillion (nearly US$ 五 一 三 million) through Government bond auctions on the Hà Nội Stock Exchange (HNX) in May, down  五 per cent against the previous month. 

Successful bidders will enjoy an annual yield of  三. 七 per cent for five-year bonds,  四. 六 九- 四. 七 二 per cent for  一0-year bonds,  五.0 四- 五.0 六 per cent for  一 五-year-bonds,  五. 六 八- 五. 六 九 per cent for  二0-year bonds, and  五. 八 五- 五. 八 八 per cent for  三0-year bonds.

Compared with April, the coupon rates of  三0-year bonds increased 0.0 三 per cent per annum. Meanwhile, the rates of the remaining bonds fell between 0.0 一 and 0.0 三 per cent.

In the G-bond secondary market, the total volume of G-bonds sold by the outright method exceeded  七 八 三 million, equivalent to over VNĐ 八 六 trillion ($ 三. 七 billion), up  一 一. 五 per cent in value from the previous month. 

The trading volume through repurchase agreements (repos) reached more than  八 八 八 million bonds, worth more than VNĐ 九0 trillion ($ 三. 八 billion), down  八. 四 per cent in value month on month.

Foreign investors made outright purchases worth over VNĐ 二. 四 trillion ($ 一0 三. 二 million), and outright sales of more than VNĐ 一. 二 trillion ($ 五 一. 六 million). Their repo sales were estimated at VNĐ 三 六 五 billion ($ 一 五. 六 million).

The State Treasury has so far this year raised nearly VNĐ 九 四 trillion ($ 四 billio) via Government bond auctions at the HNX, fulfilling over  三 六 per cent of its annual target. 

It plans to issue G-bonds worth VNĐ 二 六0 trillion ($ 一 一. 二 billion) via auctions in  二0 一 九. – VNS