Nearly 30 trillion VND mobilised through G-bond auctions

The Hanoi Stock Exchange successfully organised 17 Government bond auctions in November, raising 20.76 trillion VND (817.56 million USD) for the State Treasury.
Illustrative photo (Photo: baochinhphu.vn)

Illustrative photo (Photo: baochinhphu.vn)

These auctions offered 5-year, 10-year, 15-year, 20-year, and 30-year bond terms. The 10-year bonds saw the highest share of the total issuance at 77.07%, or approximately 16 trillion VND.

As of November 30, the State Treasury had raised over 323 trillion VND through G-bonds, achieving 80.75% of the full-year target. The interest rates for G-bonds at the end of November were 1.91% for the 5-year bonds, 2.68% for the 10-year, and 3.15% for the 30-year, showing a slight increase of 0.02%-0.05% per annum compared to the end of October.

On the secondary market, the listed value of G-bonds reached 2.21 quadrillion VND on November 30, a 1.05% increase from the previous month. The average trading value per session stood at 13.64 trillion VND, marking a 14.21% rise from the prior month. Of this, outright transactions (standard buy-sell trades) accounted for 71.42%, while repurchase agreements (Repos) made up 28.58% of the total market transactions.

In total, the value of secondary market G-bond transactions had hit 2.6 quadrillion VND by the end of November, with an average of 11.43 trillion VND per session, up 75.5% compared to the average for the entire year of 2023.

Transactions by foreign investors accounted for 1.8% of the total value in November, with a net purchase value of 147 billion VND./.

Source: VNA
en.vietnamplus.vn

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