Nearly 129 million USD mobilised from G-bond auctions during April

May 05, 2020 | 09:10
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The Hanoi Stock Exchange (HNX) held 16 auctions in April, mobilising over 3 trillion VND (more than 128.8 million USD) worth of G-bonds, down 68 percent from March.
nearly 129 million usd mobilised from g bond auctions during april
Illustrative image (Photo: VNA)

The success ratio at the auctions was only 18.6 percent.

Interest rates on successfully-bid bonds issued by the State Treasury rose by between 0.01 and 0.48 percent in April compared to March, with 10-year and 15-year bonds experiencing the strongest rise, of 0.32 percent.

On the secondary G-bond market, trading volumes averaged more than 7 billion VND, a month-on-month decline of 49 percent. Transacted volumes through repurchasing agreements (repos) accounted for 54.4 percent of the total trading volume.

Total outright purchases of G-bonds in the month hit over 63.8 trillion VND, down 23.7 percent against the previous month, while the total trading volume of G-bonds via repos was valued at 76.2 trillion VND, down 36.6 percent against March.

Foreign investors made outright purchases of more than 4.5 trillion VND, outright sales of some 3.2 trillion VND, and repos sales of 194 billion VND.

Total listed G-bonds were valued at nearly 1.11 quadrillion VND as at April 29.

VNA

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