State Treasury to auction VND128,000 billion of government bonds in Q4/2024
Specifically, the expected volume by tenors includes: 5-year bonds are VND10,000 billion, 7-year bonds are VND5,000 billion, 10-year bonds are VND53,000 billion, 15-year bonds are VND48,000 billion, 20-year and 30-year bonds are both at VND6,000 billion.
The State Treasury said that the auction of government bonds through the Hanoi Stock Exchange in the fourth quarter of 2024 aims to carry out the task of raising capital for the central budget in 2024. During the implementation process, the State Treasury can adjust the issuance volume of bond maturities in accordance with the market situation and the capital needs of the state budget.
Source: State Treasury |
Previously, the State Treasury announced the issuance of VND150,000 billion of government bonds in the third quarter of 2024, VND120,000 billion of government bonds in the second quarter of 2024 and VND127,000 billion of government bonds in the first quarter of 2024.
The mobilized value of government bonds in 2024 is VND400,000 billion, including the volume issued to Vietnam Social Security.
As of October 9, 2024, the State Treasury issued VND283,360 billion of government bonds, completing nearly 71% of the annual plan. The average issuance tenor is 11.13 years; the average issuance interest rate is 2.51%/year.
The State Treasury said that in the third quarter of 2024, the State Treasury will proactively implement solutions to raise government bond capital as approved by the Ministry's leaders to meet the central budget's principal repayment needs and maintain the government bond market; organize timely and complete payment of principal, interest of government bonds and related costs according to regulations.
At the same time, State Treasury will closely coordinate with relevant units under the Ministry in advising the Ministry's leaders and competent authorities on solutions for public debt management and government bond issuance.
In the remaining months of 2024, the State Treasury will closely follow the market situation, the state budget revenue and expenditure situation to organize the mobilization of government bond capital with appropriate volumes.
Related News
Accelerate implementation of solutions to disburse public investment capital
09:25 | 02/10/2024 Finance
Accurate information, improving quality of state financial statement
07:53 | 09/09/2024 Finance
Closely and effectively managing State fund
08:56 | 31/08/2024 Finance
More than VND241 trillion of public investment capital has been paid through the State Treasury
10:10 | 26/08/2024 Finance
More News
Low interest loan programme launched for high-quality rice cultivation
14:35 | 17/10/2024 Finance
More efficient thanks to centralized payments between the State Treasury and banks
13:51 | 17/10/2024 Finance
Property sector remains vulnerable to money laundering: SBV
13:48 | 15/10/2024 Finance
Vietnam – Australia share experience in building carbon credit trading platform
09:28 | 15/10/2024 Finance
Stock market sees notable recovery amid ongoing uncertainties
14:14 | 14/10/2024 Finance
E-commerce tax collection in Hanoi increased by 265%
10:28 | 13/10/2024 Finance
Solving necessary and urgent issues in financial and budgetary sectors
10:57 | 12/10/2024 Finance
Banks reduce profit expectations for 2024
14:54 | 11/10/2024 Finance
A new tax management approach needed to promote business household development
09:19 | 11/10/2024 Finance
Your care
State Treasury to auction VND128,000 billion of government bonds in Q4/2024
10:25 | 18/10/2024 Finance
Low interest loan programme launched for high-quality rice cultivation
14:35 | 17/10/2024 Finance
More efficient thanks to centralized payments between the State Treasury and banks
13:51 | 17/10/2024 Finance
Property sector remains vulnerable to money laundering: SBV
13:48 | 15/10/2024 Finance
Vietnam – Australia share experience in building carbon credit trading platform
09:28 | 15/10/2024 Finance