HNX offloads nearly double G-bonds in June

July 02, 2015 | 17:00

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The Ha Noi Stock Exchange (HNX) sold government bonds worth VND8.281 trillion (US$379.8 million) at 31 auctions in June.

HNX reports better result of selling Government bonds in June. Photo vietstock.vn

The State Treasury of Viet Nam offloaded bonds worth VND7.381 trillion ($338.5 million), and the Vietnam Bank for Social Policies sold bonds worth VND900 billion ($41.2 million) during the sale.

The HNX said that compared to May, the trading volume of G-bonds sold in the primary market increased by 93.3 per cent in June. The exchange also noted that the trading volume of bonds sold in May and April was much less than the previous sale of G-bonds.

The coupon rate of three-year bonds was between 5.97 and 6 per cent per year; while the rate of five-year bonds was between 5.45 and 6.40 per cent per year; the rate of ten-year bonds was between 6.50 and 6.60 per cent per year, and that of 15-year bonds was between 7.60 and 7.64 per cent per year.

Meanwhile, the secondary market recorded lower trading.

The total volume of outright trading in June amounted to 528 million bonds worth VND56.8 trillion ($2.605 billion), 0.35 per cent lower when compared with May.

Trading volume through repurchase agreements (repos) was 289.4 million bonds worth over VND29.4trillion ($1.348 billion), down 3.5 per cent compared with May.

Of the total bonds traded in the secondary market, , the outright and repos of government-backed bonds constituted VND8.5 trillion ($389.9 million) and VND7.2 trillion ($330 million) respectively.

Foreign investors made outright trading worth VND3.5 trillion ($160.5 million) in purchase value and VND3.7 trillion ($169.7 million) in sales value. Foreign investors did not make repos trading in June.

VNS

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