Already mobilized over 36.000 billion VND of Government bonds

Illustration image. Source: Internet

In this tendering, the total volume of bids was 4,500 billion VND for the terms of 5 years (1,000 billion VND), 10 years (3,000 billion VND) and 20 years (500 billion VND). As a result, the tendering mobilized a total of 5,948 billion VND.

Consequently, the 5-year bond had 10 members that participated in the tendering, successfully mobilized 1,000 billion VND with the winning interest rate of 3.80%/year, lower than the last winning interest rate by 0.02% (on 16/1/2019).

The 10-year bonds had 11 bidders and successfully mobilized 3,000 billion VND with winning interest rates of 4.80%/year, lower than previous winning rates by 0.04% (on 16/1). The sub-tendering of 10-year bonds called for 1,500 billion VND, with 6 members participating in the tendering. It successfully mobilized 1,500 VND billion with an interest rate of 4.80%/year.

The 20-year bond had 4 bidders and mobilized 448.5 billion VND with the winning interest rate of 5.59%/year, lower than the previous winning rate by 0.01% (on 16/1).

Finally, the tendering session collected 5,948 billion VND. Since the beginning of 2019, the State Treasury has already mobilized 36,343.5 billion VND of government bonds through tendering at the HNX.