BCN-44 Vietnam collects 4.5 bln USD in G-bonds in 8 months

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ZCZC

BCN-44

VIETNAM-GOVERNMENT-BONDS

Vietnam collects 4.5 bln USD in G-bonds in 8 months

HANOI, Aug. 24, 2018 (BSS/Xinhua) – Vietnam has mobilized 104,261 billion
Vietnamese dong (over 4.5 billion U.S. dollars) from government bonds so far
this year, realizing 37.5 percent of the annualized target, the Hanoi Stock
Exchange said on Thursday.

On Wednesday, the State Treasury of Vietnam raised 4,100 billion
Vietnamese dong (nearly 178.3 million U.S. dollars) from auctioning
government bonds with terms of 10 years and 15 years on the Hanoi Stock
Exchange.

This year, government bonds of all terms have been offered at higher
annual interest rates amid lower volumes purchased.

The government bonds issued in 2017 had average maturity of 13.52 years
and average annual interest of 6.07 percent, down 0.2 percentage points
against 2016, said the Treasury.

BSS/XINHUA/HR/1310