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.
Nearly VND3.5
trillion raised from government bond auction on May 9.
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.
Source: NDO
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