State treasury raises 5.9 trillion VND from government bonds

The bonds were offered for four tenures: five years and seven years, with 2 trillion VND for each term; and 10 years and 15 years, valued at 1 trillion VND.

The five-year bonds brought in only 1.343 trillion VND with a winning yield of 5.05 percent, up two basic points compared to the previous sale on May 24.

The seven-year and 10-year bonds sold for a total value of 3 trillion VND, at lower interest rates compared to the previous sessions, with winning yields of between 5.34 percent and 5.91 percent per year.

The 15-year bonds raised 950 billion VND, with a winning yield of 6.64 percent, which is six basic points lower compared to the session held on May 17.

A total of 600 billion VND was raised in the sub-session sales for the 10-year and 15-year terms.

Since early this year, the State treasury has been selling Government bonds. So far it has sold bonds worth around 103.4 trillion VND through auctions at HNX.