HNX sells 15.77 trillion VND worth of bonds in July

The Hanoi Stock Exchange (HNX) sold 15.77 trillion VND (677.4 million USD) worth of bonds during 33 auctions held in July, down 6.9 percent from June (Illustrative photo: VNA)

Hanoi (VNA) – The Hanoi Stock Exchange (HNX) sold 15.77 trillion VND (677.4 million USD) worth of bonds during 33 auctions held in July, down 6.9 percent from June.

Of the amount, the State Treasury raised 15.42 trillion VND and the Bank for Social Policies raised 350 billion VND.

The interest rates of successfully bid 5-year bonds ranged from 3.45– 4.1 percent per annum, while those for 7-year bonds were from 3.85-3.9 percent per annum.

Ten-year bonds fetched annual interest rates of 4.4-4.8 percent, and 15-year bonds fetched 4.7-4.78 percent per annum.

The annual interest rate for successfully bid 20-year bonds was 5.22 percent, and that for 30-year bonds was 5.42 percent.

In general, the interest rates showed increases for bonds of all terms compared to those sold in June.

On the secondary G-bond market, the total volume of G-bonds sold by the outright method exceeded 554.6 million, worth more than 62.4 trillion VND, down 42.3 percent month-on-month.

Meanwhile, trading volume through repurchase agreements (repos) reached over 902 billion bonds valued at more than 92.5 trillion VND, up 39.7 percent from June.

Foreign investors made outright purchases of more than 2.18 trillion VND and outright sales of over 6.42 trillion VND. They did not conduct any repo transaction during July.-VNA