Mobilization of Government bonds reaches nearly 96% of target for 2016
Treasury to mobilise more capital from Government bonds | |
Mobilization of 6,500 billion vnd of government bonds | |
4,479 billion dong of Government bonds successfully mobilized |
Illustrative photo. |
Specifically, in October 2016, the State Treasury raised capital through the issuance of Government bonds of 19,886 billion vnd to the State budget for investment and development. To 31st October 2016, the State Treasury raised capital through the issuance of Government bonds of 270,206.5 billion vnd.
With plans to raise capital in early 2016 that the Ministry of Finance assigned for the State Treasury was 220,000 billion vnd, plus 2 times of adjusted increase of 30,000 billion vnd and 31.000 billion vnd, until now, the State Treasury has mobilized 95.91% of the target for 2016.
State Treasury offloads VND4.072 trillion worth of G-bond The State Treasury has mobilised VND4.072 trillion (US$182.62 million) through auction of government bonds, according to G-bond ... |
Thus, the State Treasury only needs to mobilize 9,893.5 billion vnd to complete the plan for this year. According to a representative of Vietnam Securities Corporation, the pressure is not really high and supply-demand factors are relatively equal. Accordingly, the interest rate in the next weeks will continue to remain unchanged.
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