HNX raises over $400m from G-bonds in November

HÀ NỘI — The Hà Nội Stock Exchange (HNX) announced it has mobilised more than VNĐ9.15 trillion (US$403 million) from 31 Government bond auctions in November.

This marked an increase of 21.8 per cent compared with the previous month, of which the State Treasury mobilised over VNĐ2.93 trillion, Việt Nam Development Bank raised VNĐ4 trillion and Việt Nam Bank for Social Policies raised more than VNĐ2.22 trillion.

The coupon rates of five-year term bonds sold ranged from 4.5 to 5 per cent per year, seven-year term bonds ranged from 4.85 to 4.88 per cent per annum, 10-year term bonds ranged from 5.41 to 5.91 per cent per annum, 15-year term bonds were at 5.75-6.2 per cent per annum, 20-year term bonds were at 5.82 per cent per year and 30-year term bonds were at 6.1 per cent per annum.

On the secondary market, the total volume of Government bonds sold by the outright method reached more than 800 million, worth VNĐ88.6 trillion, marking a 15.2 per cent decrease in value over October.

Trading volume through repurchase agreements (repos) was 1.105 trillion bonds, worth over VNĐ110.5 trillion, up 4.1 per cent in value compared with the previous month.

Foreign investors also made outright purchases of more than VNĐ4.3 trillion and outright sale transactions of over VNĐ5.6 trillion. They made repo sales of over VNĐ247 billion and no repo buys in November. — LV