State Treasury issues VND 127 trillion Government bonds in first quarter
Saturday, 27/01/2024 23:30 (GMT+7)
(CPV) - The State Treasury has just announced a plan to bid for government bonds through the Hanoi Stock Exchange in the first quarter of 2024 with a total issuance of VND 127 trillion, an increase of 10% compared to the same period last year.
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| Photo for illustration. (Photo: CPV) |
This total issuance of 127 trillion VND includes the issuance volume for Vietnam Social Insurance.
In particular, the five-year term mobilization is 25 trillion VND; 7-year term is 3 trillion VND; 10-year term is 30 trillion VND; 15-year team is 50 trillion VND; 20-year term is 9 trillion VND; and 30-year term is 10 trillion VND.
According to the State Treasury, during the implementation, the State Treasury could adjust the issuance volume and mobilization level of bond maturities in order to meet the needs of capital mobilization and market situation.
Thus, compared to the same period of 2023, the State Treasury promoted the 5-year term issuance plan with an increase of more than 200%. The issuance plans for 10 and 15 year terms still account for the largest proportion.
According to the State Treasury, the total mobilized volume from the beginning of the year to January 17, 2024 is 9.258 trillion VND, equal to nearly 7.3% of the quarterly plan. The average issuance term is 11.94 years, while the average issuance interest rate is 2.13% a year./.
BTA