HCMC – The State Treasury raised VND110.4 trillion from Government bond (G-bond) auctions in the first three months of this year, fulfilling 99.5% of the first-quarter plan and over 22% of the full-year target.
Both primary and secondary G-bond markets were active in March, said the Hanoi Stock Exchange (HNX).
Regarding the primary market, HNX conducted 15 G-bond auctions, with VND65.329 trillion raised for the State Treasury, skyrocketing 124% against February.
G-bonds issued in February had four maturity terms: five, 10, 15, and 30 years. The 10-year bonds dominated, making up 92.6% or VND60.523 trillion.
Coupon rates stood at 2.15% for five-year bonds, 2.96% for 10-year bonds, 3.05% for 15-year bonds, and 3.28% for 30-year bonds. The rates for the 5-year term edged up by 0.05 percentage point per year compared to the previous month, while other terms saw slight decreases or remained unchanged.
On the secondary market, G-bond listings had amounted to VND2.3 quadrillion as of March 31. The average daily trading value in March reached VND16.5 trillion, up by 23.8% against February.
Outright transactions accounted for 68.83%, while repo transactions made up 31.17% of total market trade.
Foreign investors accounted for 3.33% of total market transactions, with a net buying value of VND988 billion.
