More than 786 billion VND (over 33.6 million USD) was mobilised for the State Treasury of Vietnam from the auction of Government bonds (G-bonds) at the Hanoi Stock Exchange (HNX) in May 8.

Illustrative image (Source: VNA)

The bonds were offered for four tenures: five years, seven years, 10 years, and 20 years. 

In particular, the interest rate of five-year bonds was 3.7 percent per annum while those for ten-year bonds fetched 4.72 percent per annum.

Meanwhile, 20-year bonds fetched annual interest rate of 5.69 percent.

The sub-contracting session of the 20-year bonds called for 250 billion VND, with an annual interest rate of 5.69 percent.

From the beginning of 2019, the State Treasury mobilised over 85.5 trillion VND worth of G-bonds through auctions at HNX.