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.jpg "Lãi suất huy động và cho vay ở ngân hàng Hải Dương thế nào?")
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Hanoi Stock Exchange (HNX) said that continuing the trend of January and February, the winning interest rates of government bonds in March continued to decrease across all terms.
At the auction at the end of March, the winning interest rates for the 5-year, 7-year, 10-year, 15-year, 20-year and 30-year terms were 2.93%; 3.8%; 3.45%; 3.6%; 3.75% and 3.8%, respectively. Thus, the winning interest rates decreased by about 40 to 76 basis points compared to the first session of the month.
In March 2023, HNX organized 19 auctions of Government Bonds issued by the State Treasury. The total winning bid value reached VND 35,446 billion, equivalent to a winning rate of 69.50% of the bid value.
In the first 3 months of 2023, the State Treasury mobilized 104,873 billion VND, reaching 97.1% of the first quarter plan and 26.22% of the 2023 plan.
Notably, in the first quarter of 2023, the State Treasury will call for bids again for 5-year and 7-year bonds in addition to 10-year, 15-year, 20-year and 30-year bonds; of which, 10-year and 15-year bonds won the most bids, but the winning bid proportion tended to decrease compared to February, reaching 32.99% and 41.88% of the total bid value, respectively.
In the secondary market, bond transactions in March were active with the total transaction value increasing by 10.46% compared to the previous month, reaching VND 123,149 billion, an average of VND 5,354 billion/session; of which, ordinary buying and selling transactions (Outright) accounted for 68.94% of the total transaction value of the whole market, the rest were repurchase contract transactions (Repos).
In the first 3 months of 2023, the total value of government bond transactions reached VND 291,429 billion, with an average session value of VND 4,939 billion, an increase of 40.5% compared to the fourth quarter of 2022.
The average trading yield of government bonds issued by the State Treasury increased the most in the 10-15 year and 25-30 year terms, up 17.45% and 13.54% respectively compared to the same period last month, currently reaching an average yield of about 4.18% and 4.88% respectively; the highest decrease was in the 3-year, 1-year and 5-year terms, down 10.24%, 7.95% and 7.55% respectively compared to the same period last month, currently reaching an average yield of about 3.6%; 3.66% and 3.47% respectively.
In terms of trading terms, medium and long-term terms of 7 years or more are the most traded terms in the entire market. Accordingly, the most traded terms in the month were 10-year, 15-year, and 7-year terms with proportions to the total trading value of the entire market of 23.96%; 18.38% and 12.26%, respectively.
In March 2023, the trading market share of the commercial banking sector accounted for 66.94% and 96.72% of the total market in terms of Outright and Repos transaction value, while that of the Securities company sector was 33.06% and 3.28%.
According to VNA
