Successfully mobilized more than 36,500 billion VND through Government bonds

Last July, HNX organized 20 auctions of government bonds issued by the State Treasury, mobilizing VND36,512 billion, at 5 terms including 5 years, 10 years, 15 years, 20 years and 30 years.

According to the Hanoi Stock Exchange (HNX), last July, the unit organized 20 auctions of government bonds issued by the State Treasury, mobilizing VND36,512 billion.

The State Treasury called for bids at 5 terms including 5 years, 10 years, 15 years, 20 years and 30 years; in which, the winning bonds were mainly concentrated at the 10-year term, with a proportion of up to 82% of the total winning volume.

Government bond interest rates in July tended to increase slightly compared to the end of the previous month; in which, the 10-year term increased by 0.02%, the 15-year term increased by 0.1%, and the 5-year term increased by 0.09%. The winning interest rates at the end of July for the 5-year, 10-year, 15-year and 30-year terms were 1.94%, 2.76%, 2.96%, 2.98% and 3.10%, respectively.

In the secondary market, the listed value of government bonds as of July 31, 2024 reached VND 2,101,301 billion, up 1.28% over the previous month.

The total value of government bond transactions in July reached VND262,765 billion, the average trading value per session reached VND11,425 billion/session, down 19.94% compared to the previous month. Of which, the value of ordinary trading transactions (Outright transactions) accounted for 55.27%, the value of repurchase transactions (Repos) accounted for 44.73% of the total trading value of the whole market.

The most traded tenors in July this year were 10-15 year, 10 year, and 5-7 year tenors, with their respective proportions to the total market trading value of 20.91%; 17.35%, and 14.98%.

Also in July, the average trading yield of government bonds issued by the State Treasury decreased the most in the 3-5 year and 2 year terms, currently at an average of about 1.49% and 1.196%; the highest increase was in the 7-10 year and 15 year terms, currently at an average yield of about 2.872% and 2.88%, respectively.

Regarding the structure of investors participating in the market, the commercial banking sector still has a large market share, with the proportion of Outright and Repos transaction value compared to the whole market being 58.21% and 92% respectively. The proportion of transaction value of foreign investors in July accounted for 1.7% of the total transaction value of the whole market, with a net selling value of VND559 billion, down 0.5% compared to the previous month./.

Source: https://baolangson.vn/huy-dong-thanh-cong-hon-36-500-ty-dong-qua-kenh-trai-phieu-chinh-phu-5017468.html