State Treasury raised 32.8 trillion VND worth of Government bonds in January

The State Treasury raised 32.8 trillion VND (1.39 billion USD) worth of Government bonds, or 96.56% of the total G-bonds on offer, via eight auctions on the Hanoi Stock Exchange during January.
State Treasury raised 32.8 trillion VND worth of Government bonds in January
State Treasury raised 32.8 trillion VND worth of Government bonds in January, 2023. (Source: Dangcongsan)

The figure was equivalent to 30.4% of the first-quarter issuance plan and 8.21% of the annual target.

Of which, 49.74% were 10-year bonds while the remainder was 15-year bonds, with respective interest rates of 4.36% and 4.56%. The rates are down 29 and 24 basis points from the previous auction.

On the secondary market, the trading value of G-bonds during the month reached over 65.79 trillion VND, down 9.48% month-on-month, with outright transaction value accounting for 53.74%. The remainder were those traded via repurchase agreements.

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(Source: VNA)