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State Treasury to mobilise VNĐ80 trillion of G-bonds in Q2

State Treasury to mobilise VNĐ80 trillion of G-bonds in Q2

The State Treasury of Việt Nam has announced plans to auction Government bonds through the Hà Nội Stock Exchange (HNX) in the second quarter with a total issuance of VNĐ80 trillion (US$3.43 billion).

Specifically, the State Treasury plans to issue VNĐ10 trillion of five-year bonds; VNĐ5 trillion of seven-year bonds; VNĐ26 trillion of 10-year bonds; VNĐ30 trillion of 15-year bonds; VNĐ4 trillion of 20-year bonds and some VNĐ4 trillion of 30-year bonds.

In the process of implementation, the State Treasury can adjust the volume of issuing bond periods to suit the market situation and the demand for capital of the State budget.

In April 2019, the State Treasury held four auction sessions of Government bonds through the HNX and mobilised nearly VNĐ12.58 trillion for the State budget and for development investment.

By April 25, 2019, the State Treasury mobilised more than VNĐ89.04 trillion; reaching 29 per cent of the assigned plan. — VNS