Winning interest rates of G-bonds plunge sharply

The State Treasury of Vietnam successfully mobilized nearly VND4.01 trillion in the sovereign bond auction held by the Hanoi Stock Exchange on December 4.
The HNX auctioned VND4.5 trillion worth of government bonds with terms of 10 years, 15 years and 30 years. Each term was worth VND1.5 trillion. Eventually, the auction collected VND4.008 trillion.

Winning interest rate dropped for all terms with declining rate from 0.01 percent per annum to 0.09 percent per annum, of which interest rate of 30-year term G-bonds fell most. Up to now, G-bond’s winning interest rates have decreased heavily in comparison with those at the beginning of this year. Accordingly, 10-year term lost 1.6 percent per annum; 15-year term sank 1.66 percent per annum; and 30-year term slashed 1.25 percent per annum.

Since the beginning of this year, the State Treasury has raised nearly VND191.92 trillion from G-bond auctions held by the HNX, achieving 76.7 percent of this year’s plan.

By Ha My – Translated by Thuy Doan

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