02/10/2017 09:41 GMT+7 Email Print Like 0

HNX raises over 4 trillion VND from Government bonds in September

Hanoi, October 1 (VNA) – The Hanoi Stock Exchange (HNX) announced it mobilised over 4 trillion VND (176 million USD) from 16 government bond auctions in September. 

The bonds were offered for four tenures: five years, seven years, 10 years and 30 years. 

The coupon rates of five-year term bonds were at 4.63-4.67 percent, seven-year at 4.83-4.85 percent, 10-year term at 5.38-5.4 percent and 30 year-term at 6.1 percent per annum. 

Compared to August, coupon rates rose 0.02-0.07 percent per annum for five-year, seven-year, 10-year and 15-year term bonds while the rate remained unchanged for 30-year term bonds. 

In the secondary market, the total number of government bonds in outright transactions reached over 1.02 billion, which was equivalent to 113.6 trillion VND (5 billion USD), a month-on-month surge of 8.6 percent. 

The total volume of government bonds in repurchase agreement (repo) trading stood at more than 851 million, valued at over 85.3 trillion VND (3.8 billion USD), down 31 percent from last month. 

Foreign investors also made outright purchases of more than 291 billion VND (12.8 million USD). They made no repo transactions in September.