The auction had planned to sell VND6 trillion (USD264.3 million) worth of G-bonds with a 5-year, 7-year, 10-year, 15-year, 20-year, and 30-year maturity.

Source: VNA
As much as VND200 billion (USD8.8 million) was mobilised from five-year bonds with an annual interest rate of 3.45 percent, 0.35 percent higher than that of the previous auction on June 20th.

Ten-year bonds were sold for VND1 trillion (USD44 million) with an annual yield rate of 4.4 percent, up 0.03 percent from that of the previous auction on June 27th.

As for 15-year bonds, VND110 billion (USD4.88 million) was raised at an interest rate of 4.7 percent per annum, equivalent to that of an auction on June 27th.

Meanwhile, 20-year bonds raised VND300 billion (USD13.2 million) at a yearly rate of 5.22 percent, marking a 0.02 percent increase from that of an auction on June 27th.

Last year, Vietnam sold some VND159.9 trillion, or USD7.03 billion, worth of G-bonds with an average maturity of 13.52 years and annual interest averaging 6.07 percent, down 0.2 percentage points against 2016.

The interest rates of Government bonds have been on the rise lately, after a long period of decline throughout 2017 and the first four months of 2018./.

CPV/VNA