Nearly VND3.5 trillion raised from government bond auction

Thursday, 2018-05-10 16:28:55
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Nearly VND3.5 trillion raised from government bond auction on May 9.
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NDO - The State Treasury raised VND3.474 trillion (approximately US$153 million) from an auction of government bonds on May 9, the Hanoi Stock Exchange has announced.

At the auction, the State Treasury offered VND5 trillion (US$220 million) with varying maturities of 10 years (VND1.5 trillion), 15 years (VND1.5 trillion), 20 years (VND1 trillion), and 30 years (VND1 trillion).

The ten-year bonds attracted 16 investors who bought a total of VND1.4 trillion with a yield of 4.2%, up 0.05 percentage points from the previous auction on May 2, while VND674 billion was raised from 15-year bonds with a yield of 4.55%.

Another VND400 billion was raised from a secondary auction of 15-year bonds with a yield of 4.55%.

For the 20-year bonds, the auction drew the participation of five investors and VND1 trillion was sold at a yield of 5.14%, up 0.02 percentage points from the previous auction on April 18.

In the meantime, none of the 30-year bonds were sold.

Since the start of the year, the State Treasury has raised more than VND52 trillion (US$2.3 billion) from government bond auctions at the Hanoi Stock Exchange.