Government bond auctions in Vietnam raise 1.8 bln USD in August

Hanoi: Government bond auctions in Vietnam raised nearly 45.3 trillion Vietnamese dong (1.8 billion U.S. dollars) in August, Vietnam News reported on Monday, citing the State Treasury. The value marked a 24 percent increase month-on-month, said the report. The total value of government bond transactions in August amounted to nearly 243 trillion dong (9.8 billion dollars), with an average session transaction value of 11 trillion dong (446.8 million dollars), down by 3.34 percent from July. Foreign investors' transaction value share in August reached 2.12 percent of the total market transaction value, a 0.42 percent rise from July, with net purchases amounting to 388 billion dong (15.5 million dollars), said the report. Source: The Namibia News Agency