VOV.VN - The State Treasury of Vietnam raised a total of nearly VND94 trillion (US$4.04 billion) via government bond auctions held at the Hanoi Stock Exchange during the first five months of this year.

State Treasury of Vietnam mobilize VND2.65 trillion (US$113.95 million) worth
of government bonds during a May 29 auction held at Hanoi Stock Exchange.

The latest auction, which took place at the Hanoi Stock Exchange (HNX) on May 29, saw the State Treasury mobilize a combined VND2.65 trillion (US$113.95 million) worth of government bonds (G-bonds).

Most notably, 11 bidders bought 10-year bonds worth VND900 billion (US$38.7 million) at an annual interest rate of 4.69 per cent, 0.02 per cent lower than the ratio of the previous auction held on May 22. 

The 15-year bonds were sold to six bidders for a total of VND1 trillion (US$43 million) with an interest rate of 5.04 per cent per annum, a fall of 0.01 per cent against the May 22 auction.

Moreover, the State Treasury raised VND500 billion (US$21.5 million) through 30-year bonds with an annual rate of 5.88 per cent, the same rate seen during the previous sale. It also mobilized an additional VND250 billion (US$10.75 million) from selling 30-year bonds to five bidders during an extra auction held on May 29.

Last month, the State Treasury reportedly mobilized over VND12.5 trillion (US$543 million) through G-bonds during 16 auctions at the HNX, a drop of 11.9 per cent in comparison with the previous month.