During the implementation process, the State Treasury may adjust the issuance volume of bond terms to suit the market situation and the State budget’s capital use needs.
Previously, in the first quarter of 2021, the total volume of capital mobilization through the release of TPCP reached VND 39,205 billion (including VND 13,498 billion issued to Social Insurance), equal to 11.2% of the plan assigned by the Ministry of Finance.
It is known that the average term of government bonds issued in 2021 is 13.22 years; the average issuing interest rate is 2.22% / year; Government bond remaining term is 8.54 years.
As a year containing many unexpected factors, with the focus on the outbreak of COVID-19 epidemic, in 2020, the scale and liquidity in the Government bond market will continue to grow. The average trading value per session reached 10,270 billion VND / session, an increase of 13.73% compared to 2019. The listed size of Government bonds as of December 31, 2020 reached more than 1.35 million VND, an increase of 13.73%. 17.39% compared to 2019.
Source: bizlive.vn – Translated by fintel.vn