22:34 (GMT +7) - Friday 09/12/2016

Banking & Finance

$282.16 million in government bonds mobilized

Released at: 12:36, 08/04/2016

$282.16 million in government bonds mobilized

HSX conducts bidding session on April 6.

by Hung Nguyen

The Hanoi Stock Exchange (HNX) successfully mobilized VND6.29 trillion ($282.16 million) in government bonds on April 6.

The total offering of VND7 trillion ($314.02 million) included VND4 trillion ($179.44 million) in five-year bonds, VND2 trillion ($89.72 million) in 15-year bonds, and VND1 trillion ($44.86 million) in 30-year bonds.

VND3.35 trillion ($150.28 million) in five-year bonds were sold at a winning rate of 6.4 per cent per annum, an increase of 0.02 per cent against the previous bidding session on March 30.

VND2 trillion ($89.72 million) in 15-year bonds were also sold, at a winning rate of 7.65 per cent per annum, equal to the winning rate at the last bidding session on March 23, and VND647.5 billion ($29.04 million) in 30-year bonds were sold with a winning rate of 8 per cent per annum, also the same as in the previous bidding session on March 10.

Since the beginning of this year the State Treasury has successfully mobilized VND79.66 trillion ($3.57 billion) in government bonds. 

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