09:13 (GMT +7) - Friday 26/05/2017

Banking & Finance

Treasury reaps $230mn from government bond auction

Released at: 16:41, 18/05/2017

Treasury reaps $230mn from government bond auction

Illustrative image (Source: vietstock.vn)

Government bonds with terms of five, seven, ten and 15 years were up for grabs on May 17 on HNX.

by Van Long

The State Treasury of Vietnam (STV) brought in VND5.2 trillion ($229.2 million) from auctioning government bonds on the Hanoi Stock Exchange (HNX) on May 17.

The bonds had terms of five, seven, ten and 15 years.

While the five-year bonds have an annual interest rate of 5.16 per cent, the seven-year bonds were auctioned at an interest rate of 5.44 per cent per annum.

The annual interest rates for ten- and 15-year bonds were 5.97 per cent and 6.7 per cent, respectively.

According to a report from the Vietnam News Agency, the State Treasury has brought in about VND91.64 trillion ($4 billion) from government bond auctions on HNX so far this year.

User comment (0)

Send comment
Paradise_160x600
Paradise_160x600