The auction offered VND 4.5 trillion (USD 193.5 million) worth of G-bonds with different maturities.

Three tenures were available, including five-year bonds worth VND 500 billion (USD 21.5 million) and ten-year and 15-year bonds each worth VND 2 trillion (USD 86 million).

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The auction of 10-year bonds mobilized over VND 1.9 trillion (USD 81.7 million) at the average yield rate of 5.1 percent per year, up 0.04 percent from that of the previous G-bond auction on November 21.

Meanwhile, the 15-year bond auction collected VND 510 billion (USD 21.93 million) at the average interest rate of 5.3 percent per year, the same as the last auction.

There was no successful bid for five-year bonds.

So far this year, the State Treasury has raised nearly VND 137.3 trillion (USD 5.9 billion) from G-bond auction at the HNX.

According to the Ministry of Finance, Vietnam expects to issue VND 180 trillion (USD 7.7 billion) worth of G-bonds this year, with the focus being on long-term maturity and keeping the interest rate at low levels.

G-bonds valuing at VND 159.9 trillion (USD 7.03 billion) and having an average maturity of 13.52 years, up 4.81 years against 2016, were issued last year. The bonds had an average annual interest rate of some 6.07 percent, down 0.2 percentage points against 2016.

Source: VNA