State Treasury will issue 50.000 billion vnd in the third quarter

VCN - The State Treasury has announced a plan to issue government bonds in order to mobilize capital for the State budget as well as investment in the third quarter of 2016.
state treasury will issue 50000 billion vnd in the third quarter
Photo source: Internet

Specifically, the total amount released will be 50.000 billion vnd. In particular, bonds of 5 year period takes the largest proportion of 22.000 billion vnd; government bonds with maturity of 20 years take the least proportion of 1.000 billion vnd. Also, there are bonds with a 3 year period, term of 7 years; 10 years; 15 years; and 30 years.

During the implementation, the State Treasury can adjust the volume of issue and mobilize the bond terms in order to respond to market conditions.

In fact, in the first 6 months of 2016, the total volume of government bonds which was mobilized by State Treasury, reached over 182.272 billion vnd and achieved 82,9% of the year plan.

By T.Linh/Thanh Thuy

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