Tuesday, 04/06/2019 14:09 (GMT+7)
The State Treasury of Vietnam mobilised more than VND11.93 trillion (USD512.99 million) through Government bond auctions on the Hanoi Stock Exchange (HNX) in May, down 5 percent against the previous month.
Photo for illustration (Photo: VNA)
Successful bidders will enjoy an annual yield of 3.7 percent for five-year bonds, 4.69-4.72 percent for ten-year bonds, 5.04-5.06 percent for 15-year-bond, 5.68-5.69 percent for 20-year bonds, and 5.85-5.88 percent for 30-year bonds.
Compared with April, the coupon rates of 30-year bonds increased 0.03 percent per annum. Meanwhile, the rates of the remaining bonds fell between 0.01 and 0.03 percent.
In the G-bond secondary market, the total volume of G-bonds sold by the outright method exceeded 783 million, equivalent to over VND86.1 trillion (USD3.7 billion), up 11.5 percent in value from the previous month.
The trading volume through repurchase agreements (repos) reached more than 888 million bonds, worth more than VND90.1 trillion (USD3.8 billion), down 8.4 percent in value month on month.
Foreign investors made outright purchases worth over VND2.4 trillion (USD103.2 million), and outright sales of more than VND1.2 trillion (USD51.6 million). Their repurchase agreement (REPO) sales were estimated at VND365 billion (USD15.6 million).
The State Treasury has so far this year raised nearly VND93.98 trillion (USD4.04 billion) via government bond auctions at the HNX, fulfilling over 36 percent of the yearly target.
It plans to issue G-bonds worth VND260 trillion (USD11.18 billion) via auctions in 2019./.
CPV/VNA