HNX raises $140m from Government bonds in August

HÀ NỘI — The Hà Nội Stock Exchange (HNX) announced it has mobilised nearly VNĐ3.2 trillion, or US$140 million, from 17 government bond auctions in August.

HNX said the number of bonds mobilised in the primary market decreased 79 per cent compared with July.

The bonds were offered for four tenures -- five years, seven years, 10 years, 15 years and 30 years.

The coupon rates of five-year term bonds were 4.6 per cent per annum, seven-year term bonds were at 4.8 per cent per annum, 10-year term bonds were at 5.38 per cent per annum, 15-year term bonds were at 5.75 per cent per annum and 30-year term bonds were at 6.1 per cent per annum. 

Compared with July, coupon rates in August of five-year bonds dropped 0.12 per cent per annum, seven-year bonds reduced 0.15 per cent per annum and 30-year bonds declined 0.12 per cent per annum.

Coupon rates of 10-year and 15-year bonds saw no change in August.

In the secondary market, the total number of government bonds in outright transactions reached 902.5 million, which was equivalent to VNĐ99.5 trillion, down 10.3 per cent in value month-on-month.

The total volume of government bonds in repo (repurchase agreement) trading reached 1,186 million, equivalent to VNĐ119 trillion, up 20.4 per cent in value month-on-month.

Foreign investors also made outright purchases of more than VNĐ4.9 trillion and outright sale transactions of over VNĐ5.5 trillion. They made repo sales of over VNĐ98.9 trillion and no repo buys in August. — VNS