Nearly $1.4B worth of government bonds raised in January

By VNA February 8, 2023 | 06:27 pm PT

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

The State Treasury raised VND32.8 trillion (US$1.39 billion) worth of government bonds, or 96.56% of the total government bonds on offer, via eight auctions on the Hanoi Stock Exchange during January.

The figure was equivalent to 30.4% of the first-quarter issuance plan and 8.21% of the annual target.

Of which, 49.74% were 10-year bonds while the remainder was 15-year bonds, with respective interest rates of 4.36% and 4.56%.

On the secondary market, the trading value of government bonds during the month reached over VND65.79 trillion, down 9.48% month-on-month, with outright transaction value accounting for 53.74%. The remainder were those traded via repurchase agreements.