State treasury raises 5.9 trillion VND from government bonds
The State treasury has successfully raised 5.9 trillion VND (260 million USD) for the State budget through an auction of Government bonds on the Hanoi Stock Exchange (HNX) on June 1.
Hanoi (VNA) - The State treasury hassuccessfully raised 5.9 trillion VND (260 million USD) for the Statebudget through an auction of Government bonds on the Hanoi Stock Exchange (HNX)on June 1.
The bonds were offered for four tenures: fiveyears and seven years, with 2 trillion VND for each term; and 10 years and 15years, valued at 1 trillion VND.
The five-year bonds brought in only 1.343trillion VND with a winning yield of 5.05 percent, up two basic points comparedto the previous sale on May 24.
The seven-year and 10-year bonds sold for atotal value of 3 trillion VND, at lower interest rates compared to the previoussessions, with winning yields of between 5.34 percent and 5.91 percent peryear.
The 15-year bonds raised 950 billion VND, with awinning yield of 6.64 percent, which is six basic pointslower compared to the session held on May 17.
A total of 600 billion VND was raised in thesub-session sales for the 10-year and 15-year terms.
Since early this year, the State treasury hasbeen selling Government bonds. So far it has sold bonds worth around 103.4trillion VND through auctions at HNX. -VNA
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Illustrative image (Photo: VNA) 
