VBSP offloads G-bonds worth $35.28 million

March 04, 2015 | 10:01

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The Vietnam Bank for Social Policies (VBSP) offloaded more than half of the VND1.5 trillion (US$70.4 million) government bonds that it offered on March 2, said the Hanoi Stock Exchange (HNX).

The Vietnam Bank for Social Policies offloads on (US$70.4 million) government bonds that it offered on March 2, said the Hanoi Stock Exchange (HNX).Photo vietbao.vn

After the auction, the bank offloaded bonds worth VND751.6 billion ($35.28 million), added HNX.

Among the bonds put on sale, all three-year bonds worth VND400 billion ($18.77 million) were sold at a coupon rate of five per cent per year.

Meanwhile, five-year bonds worth VND100 billion ($4.69 million), or one-fifth of the bonds, were sold at the coupon rate of 5.65 per cent per year, while ten-year bonds worth VND100 billion ($4.69 million) - one-third of the bonds - were sold at 6.79 per cent per year. About half of the 15-year bonds, worth VND151.6 billion ($7.1 million), were sold at 7.69 per cent per year.According to HNX, the bank has sold government bonds worth VND3.953 trillion ($185.5 million) over five auctions since the beginning of 2015.

HNX added that during the same period, the State Treasury of Viet Nam mobilised VND40.37 trillion ($1.895 billion) in G-bonds via six auctions at the exchange.

VNS

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