Over 11 trillion VND raised via G-bond auctions in May

Updated: 07:07, 03/06/2018

Up to 11.17 trillion VND (around 492.4 million USD) was raised during 20 auctions of government bonds in May, up 45.8 percent from the previous month, according to the Hanoi Stock Exchange.

The five-year bonds offer an annual interest rate of 2.97-3 percent.

Accordingly, five-year bonds offer an annual interest rate of 2.97-3 percent while bonds with 10-year, 15-year and 20-year maturity yield interest rates of 4.15-4.26 percent, 4.5-4.6 percent, and 5.14 percent, respectively.

Compared to the previous month, interest rate of five-year, 10-year, 15-year and 20-year bonds was up 0.03 percent, 0.16 percent, 0.13 percent and 0.02 percent, respectively.

In the G-bond secondary market, the total volume of G-bonds sold by the outright method exceeded 760 million, worth more than 87.6 trillion VND (3.85 billion USD), down 25 percent month-on-month.

G-bonds.

Meanwhile, trading volume through repurchase agreements (repos) reached over 1.02 billion bonds valued at more than 104.8 trillion VND (4.61 billion USD), down 25 percent from April.

Foreign investors made outright purchases of more than 4.7 trillion VND and outright sales of over 3 trillion VND. They made repo sales of over 235 billion VND but did not make repo purchases in May.

Source: VNA