Nearly $400m of foreign currency bonds listed on HNX

VNStockNews.com - Hanoi Stock Exchange (HNX) in March held the first tender for G-bond being issued in foreign currency to raise capital for government's key projects.

The total volume of raised bonds reached $230.11 million, including $100 million of one-year bonds (the coupon rate at 3 percent pa), $80.01 million of two-year bonds (coupon rate at 3.2 percent pa) and $50.1 million of three-year bonds (coupon rate at 3.6 percent pa).

The second bonds issuance was made in August with the total volume of $157 million, including $100 million of one-year bonds (coupon rate at 2.98 percent pa), $47 million of two-year bonds (coupon rate at 3.75 percent pa) and $10 million of three-year bonds (coupon rate at 3.9 percent pa).

At present, all types of bonds being issued via tenders at HNX will be listed on the northern bourse. So far, total foreign currency bonds being listed on HNX reached $387.1 million.

On November 2, the first foreign bond transaction was done right after the issuance of Circular No 19/2009/TT-NHNN guiding foreign exchange management for foreign bond transactions. The total trading volume in the first trading session reached 10,000 bonds worth nearly $1.02 million.

Currently, types of bonds being issued in October with a total volume of $83 million are being finished necessary proceedings to list on HNX in forthcoming time.