$69m raised from selling Government bonds

June 06, 2015 | 09:59
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The State Treasury of Viet Nam raised VND 1.54 trillion (US$70 million) from the sale of Government bonds at an auction held on June 4.
The State Treasury mobilised VND1.5 trillion from Government bonds on June 4. Photo baomoi.com

The Ha Noi Stock Exchange (HNX) held the auction to sell VND2.5 trillion ($115 million) worth of Government bonds.

Of the total bonds sold during the auction, VND1.5 trillion ($69 million) was raised through the sale of 15-year bonds offering an annual rate of 7.6 per cent, and the remaining was raised from five-year bonds sold at the annual rate of 5.45 per cent.

The available annual rates are 5.45-7 per cent and 7.5-8.5 per cent per year for five-year and 15-year bonds, respectively.

The State Treasury is seeking to raise VND250 trillion (US$11.68 billion) by issuing five-year Government bonds this year, down 4.6 per cent from a year ago, according to the Ministry of Finance.

VNS

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