Market value of G-bonds equivalent to 20% of GDP

19:29 | 12/03/2018 Finance Follow english.haiquanonline.com.vn on

The market value of Government bonds G bonds hit 1 quadrillion VND 44 billion USD as of the end of February 2018

market value of g bonds equivalent to 20 of gdp

Monitoring G-bond transactions (Photo: VNA)

The Hanoi Stock Exchange reported that about VND10.5 trillion (US$462 million) worth of G-bonds were traded each auction on average in the first two months of 2018.

It said sales and purchases of bonds and stocks accounted for more than 50% of the total transaction value of the market, showing the market’s high liquidity. This is also positive information for investors interested in the bond market.

According to the Ministry of Finance, G-bonds worth VND29.38 trillion (US$1.29 billion) were issued as of the end of February.

Meanwhile, total revenue of the State budget reached VND215.76 trillion (US$9.49 billion) in the first two months of 2018, equivalent to 16.1% of the yearly estimate and up 12.7% year on year.

Source: VNA

Tags:

Related News

The government seeks approval for revised GDP, CPI targets

16:28 | 15/02/2025 Finance

VCN - The Government submitted to the National Assembly for consideration and comments on adjusting the target for the growth rate of gross domestic product (GDP) to 8% or more; the average growth rate of the consumer price index (CPI) to about 4.5-5%.

Complying with regulations of each market for smooth fruit and vegetable exports

13:06 | 09/01/2025 Import-Export

VCN - According to Mr. Dang Phuc Nguyen (photo), General Secretary of the Vietnam Fruit and Vegetable Association (Vinafruit), with the development momentum and increasing consumption demand from the Chinese market, the Vietnamese fruit and vegetable industry is setting new records and is expected to reach an export turnover of US $10 billion by 2030. With great potential and advantages in developing agricultural products, Vietnam has been affirming its position as one of the world's leading agricultural exporters.

Request for price management and stabilization, avoiding unusual fluctuations during Tet 2025

13:56 | 30/12/2024 Headlines

VCN - Minister of Finance Nguyen Van Thang has just signed and issued Directive No. 05/CT-BTC on strengthening the price management, operation and stabilization during the Lunar New Year 2025.

Six export commodity groups see billion-dollar growth

07:55 | 31/12/2024 Import-Export

From the beginning of the year to December 15, there were six key export commodity groups with an increase in turnover of US$1 billion or more, according to the latest statistics of the General Department of Customs.

Latest News

Personal income tax proposed for interest on some bank savings accounts

10:31 | 20/02/2025 Finance

Instead of the current personal income tax exemption on interest from all individual bank savings accounts, the proposal would exempt tax only for low amounts of savings.

Banks set for aggressive bond issuance in 2025 to fuel growth

16:20 | 19/02/2025 Finance

With a higher credit growth goal set by the SBV, banks are ramping up their efforts to secure funding through bond issuance.

Central bank cuts interest rate on bills for first time in 2025

15:30 | 18/02/2025 Finance

According to data from the financial data provider Wichart, the SBV issued VNĐ19.6 trillion of bills in the past week. The interest rate on the bills decreased by 0.1 percentage point, from 4 per cent to 3.9 per cent on February 14.

Focusing on inspecting inventory of public assets at units with large and complex assets

16:31 | 15/02/2025 Finance

VCN - According to Official Dispatch No. 1456/BTC-QLCS on inspecting the preparation and implementation of the General Inventory of Public Assets recently issued by the Ministry of Finance, the inspection of the inventory of public assets focuses on units with large asset scale and large number of inventory items, complex assets, and slow implementation progress.

More News

Fiscal, monetary policies support demand stimulation, price stabilisation

14:49 | 14/02/2025 Finance

These efforts, in conjunction with the implementation of monetary policies and other macroeconomic policies, aim to solve difficulties for businesses and the public, stabilise the macroeconomy, control inflation, ensure the balance of the economy, promote economic growth, and secure social welfare and people’s livelihoods.

Vietnam secures VND 157 billion from state enterprise divestment in 2024

09:16 | 14/02/2025 Finance

VCN - The Ministry of Finance reported that in 2024, the divestment of state capital in 5 enterprises (F1) generated VND 157 billion from an initial value of VND 145 billion

Vietnam gears up for potential inflation impact in 2025

14:26 | 11/02/2025 Finance

VCN - For sound price management and inflation control, Deputy Prime Minister Ho Duc Phoc directed officials to vigilantly track both domestic and international market dynamics. The goal is to proactively develop flexible strategies and solutions, enabling a swift response to any emerging challenges.

VN’s credit conditions in 2025 expected to be stable

14:24 | 11/02/2025 Finance

The credit conditions for Việt Nam will stabilise in 2025, after improving substantially over the past year, the rating agency VIS is forcasts.

State revenue in first month of the year equal to 14% of the estimate

10:12 | 11/02/2025 Finance

VCN - According to the Ministry of Finance, in January - the first month of 2025, the total state budget revenue is estimated at VND275.9 trillion, equal to 14% of the estimate; meanwhile, the total state budget expenditure is estimated at VND134.4 trillion.

Securities 2025 expects a breakthrough in scale and quality

14:37 | 10/02/2025 Finance

VCN – The positive factors inherent in the macro economy and the Vietnamese stock market will continue to create the foundation for the market to maintain stability, good liquidity, and growth in both scale and quality in the new year of At Ty 2025, Chairwoman of the State Securities Commission Vu Thi Chan Phuong said.

Cash reserves in stock accounts at six-quarter low amid margin rise

08:23 | 10/02/2025 Finance

These funds are readily available in investor accounts, but remained undeployed as of the year-end.

Five solutions for developing stock market in 2025

10:01 | 07/02/2025 Finance

VCN - On February 5, 2025, at the Gong-beating ceremony to open the stock trading at the Ho Chi Minh City Stock Exchange (HOSE), Deputy Minister of Finance Nguyen Duc Chi introduced five solutions for comprehensive development of the stock market.

Minister of Finance Nguyen Van Thang works with GDVC at the first working day after the Tet holiday

14:43 | 04/02/2025 Finance

VCN- On February 3, the first working day after the Tet holiday, Minister of Finance Nguyen Van Thang and the delegation visited and worked with the General Department of Vietnam Customs (GDVC).

Your care

Latest Most read