9:01:56 AM | 8/10/2020
The State Treasury raised more than VND58.67 trillion (over US$2.5 billion) through 21 Government bond auctions on the Hanoi Stock Exchange (HNX) in July, up 80% against June. Up to 78.7% of the G-bonds offered were sold.
Coupon rates in July were down 0.08-0.21% compared to June, with the highest fall seen in five-year bonds (down 0.21% over June).
On the secondary G-bond market, trading volumes averaged more than VND10.26 trillion per session, up 25% month on month. The value of G-bonds traded via repurchasing agreements (repos) accounted for 32.5% of the total market value.
Foreign investors made outright purchases of VND4.32 trillion and outright sales of over VND4.27 trillion. They did not make any repos transactions. So, in July, they net bought VND43 billion.
Total listed G-bonds were valued at more than VND1,210 trillion as of July 31, 2020.
By Quynh Chi, Vietnam Business Forum
Vietnamese
