Over 1.1 trillion VND (47.8 million USD) worth of government bonds has been raised by the State Treasury through a recent auction at the Hanoi Stock Exchange (HNX).
Hanoi (VNA) – Over 1.1 trillion VND (47.8million USD) worth of government bonds has been raised by the State Treasurythrough a recent auction at the Hanoi Stock Exchange (HNX).
The amount was collected via 30-year bonds with an annualinterest of 3.72 percent, 0.08 percent lower than that offered in the previousauction on January 15.
Meanwhile, 20-year bonds failed to attract any bidder.
The interest rate of 30-year bonds has dropped to a recordsince its first issuance in 2016 with an yield of 7.98 percent per year.
Since the beginning of this year, the State Treasury hasraised more than 10.6 trillion VND via four auctions at the HNX./.
Over the past 10 years, the interest rates of successfully-issued Government bonds (G-bonds) have decreased significantly, saving thousands of billions of VND for the State budget, contributing to regulate and stabilise the macroeconomy.
The State Treasury raised more than 9.65 trillion VND (415.87 million USD) via 15 auctions of Government bonds (G-bonds) at the Hanoi Stock Exchange (HNX) in September.
The bond market continued to grow in the second quarter of 2019, by 2.6 percent from Q1, to 52.9 billion USD, including 48 billion USD worth of G-bonds and 5 billion USD worth of corporate bonds.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
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The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.