Mobilization of 6,500 billion vnd of government bonds

National Treasury successfully raised 6.500 billion in government bonds.

Hanoi Stock Exchange held an auction of government bonds by the State Treasury (Treasury) and released a total of 5,000 billion VND bid in three terms: 5 years ( 2,000 billion VND), 7 years (2.000 billion VND) and 15 years (1.000 billion VND).

The 5-year bonds had 13 members participating in the bid, the valid bid reached 8,351 billion VND and the interest rate offered was 5.80% to 7.20% per year. As a result, it successfully mobilized 2,000 billion VND 5-year bonds with a coupon rate of 5.92% per year, lower by 0.16% per year than the earlier version (dated 10-8-2016 ). The sessions bonds subcontractor tendering for 5 years at 600 billion VND, had four members participate and the valid bid volume reached 1.950 billion VND, results successfully mobilized 600 billion VND.

For the 7-year bonds, there was 11 members participate in the tender, the valid bid volume reached 5,198 billion VND and the interest rate offered was 6.30% to 7.40% per year. At the end, it successfully mobilized 2,000 billion VND 7-year bonds with a coupon rate 6.49% per year, lower by 0.11% year than the earlier version (dated 10-8-2016 ). Sessions bonds subcontractor tendering for 7 year at 600 billion VND, had 6 participants and the valid bid volume reached 2,605 billion VND, resulting in successfully mobilizing 600 billion VND.

Also the 15-year bonds have 6 members participate in bidding, valid bid volume reached 1,385 billion VND and the interest rate offered was in the range of 7.63% to 9.00% per year. The results, successfully mobilized 1,000 billion VND 15-year bonds with a coupon rate of 7.65% per year, equivalent to interest rate of previous successful bid (dated 3-8-2016). Sessions bonds subcontractor tendering for 15 years at 300 billion VND, with 2 participants and a valid bid volume 356 billion VND, resulting in successfully raising 300 billion VND.

Finally, in the auctions, the State Treasury successfully raised 6.500 billion VND in government bonds. Since early 2016, the State Treasury has successfully mobilized 223,284.4756 billion VND in government bonds through bidding at the Hanoi Stock Exchange.