VND5.65 trillion mobilised from government bond sales

August 09, 2012 | 14:05

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The State Treasury on August 6 mobilised VND5.65 trillion from auctioning bonds online through the Hanoi Stock Exchange (HNX).

Of that figure, two-year bonds earned VND1.65 trillion, while three- and five-year bonds contributed VND2 trillion each.

Annual interest rates for the bonds ranged from 9.1 per cent to 9.59 per cent depending on the specific terms. The rates are lower than the previous bidding, except for the two-year bonds, which remained the same.

The online auction, the first of its kind in Hanoi, attracted 18 investors with total bids of VND15,790 billion.

Since the beginning of this year, bond sales through the HNX have reached VND100 trillion, showing that e-bidding is very effective for bond issuances and sales. It has also helped improve the quality of management and ensure transparency.

VOV

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