Over $1.45B worth of government bonds raised in July

By VNA August 5, 2024 | 08:07 pm PT

A bank employee counts Vietnamese banknotes at a bank in Hanoi. Photo by VnExpress/Giang Huy.

The Hanoi Stock Exchange held 20 auctions of government bonds in July, raising over VND36.5 trillion (US$1.45 billion).

The bonds were offered for five terms, including 5, 10, 15, 20, and 30 years, with the 10-year bonds traded the most and accounting for 82%.

Interest rates for bonds with 5-, 10-, 15-, 20- and 30-year terms reached 1.94%; 2.76%; 2.96%, 2.98% and 3.1%, respectively.

On the secondary market, the listed value of government bonds as of July 31 topped VND2.101 quadrillion, up 1.28% compared to the previous month.

Government bond transactions in July had a total value of VND262.765 trillion.

The average trading value was VND11.425 trillion per session, a reduction of 19.94% compared to June.

Foreign investors’ transactions made up 1.7% of the total transaction value in July, with net purchase value hitting VND559 billion, down 0.5% over the previous month.