Govt mobilises $184 million through G-bond auctions

HÀ NỘI — The Bank for Social Policies has mobilised VNĐ4.2 trillion (US$184 million), so far, this year by auctioning Government-guaranteed bonds at the Hà Nội Stock Exchange (HNX).

The latest auction was held on Tuesday, bringing the bank VNĐ980 billion, which included VNĐ300 billion in five-year bonds, VNĐ400 billion in 10-year bonds and another VNĐ280 billion in 15-year bonds.

The bidding for the five-year bonds fetched VNĐ300 billion at a winning coupon rate of 5.4 per cent per annum, up 0.1 per cent from last week’s session. The bidding attracted two HNX members with valid bidding volume of VNĐ400 billion and annual coupon rate ranging from 5.3 per cent to 5.5 per cent.

Two members participated in the bidding session for the 10-year bonds with valid bidding volume of VNĐ650 billion at 6.45 to 6.5 per cent per annum. The bonds earned VNĐ400 billion at a winning coupon rate of 6.47 per cent per annum, down 0.01 per cent from last week’s session.

Meanwhile, VNĐ280 billion worth of 15-year bonds were mobilised at a winning coupon rate of 7.35 per cent per annum. The bidding session attracted two participants with valid bidding volume totalling VNĐ380 billion and annual coupon rate ranging from 7.3 per cent to 7.35 per cent. — VNS