In the first 4 months of 2025, government bond mobilization reached more than 150,000 billion VND.

NDO - In April, the State Treasury mobilized more than 42,000 billion VND in government bonds. The cumulative amount in the first 4 months of 2025 reached more than 150,000 billion VND (reaching 30.6% of the annual plan).

According to the Hanoi Stock Exchange (HNX), in April 2025, 20 auctions of government bonds issued by the State Treasury were held, successfully mobilizing VND 42,427 billion in the primary market.

The bonds issued have maturities of 5, 10, 15 and 30 years.

Of which, 10-year and 5-year terms dominate with proportions of 72.2% (corresponding to issuance value of VND 30,640 billion) and 23.6% (corresponding to issuance value of VND 10,000 billion), respectively.

At the last auction in April, winning interest rates increased for some terms. Of which, the 5-year term was at 2.31% (up 16 basis points); the 10-year term was at 3.05% (up 9 points); the 15-year term was at 3.10% (up 5 points). The 30-year term recorded an interest rate of 3.28%.

By the end of April 2025, the total value of government bond mobilization reached VND 152,867 billion, completing 30.6% of the yearly plan.

In the first quarter of 2025 alone, the State Treasury issued VND 110,440 billion in bonds, equal to 99.5% of the quarterly plan assigned by the Ministry of Finance (VND 111,000 billion), reaching 22.1% of the 2025 plan.

In 2025, the State Treasury is assigned to issue VND500,000 billion in government bonds, the highest level ever, an increase of 25% compared to the 2024 plan.

In the secondary market, as of April 29, 2025, the total listed value of government bonds reached VND 2,350,503 billion. The average trading value per session in the month reached VND 12,513 billion, down 24.29% compared to the previous month.

Foreign investors' transactions increased compared to March, accounting for 4.3% of total transaction value, but still recorded net sales of VND522 billion in the month.

Trading yields were clearly differentiated. The highest increases were recorded in the 15-20 year term (averaging over 3%) and 3-5 year terms (averaging over 2.5%). In contrast, the 25-30 year and 10-15 year terms saw sharp decreases, averaging nearly 3.2% and over 3%, respectively.

Statistics in April show that the medium and long-term group continues to account for a large proportion of the government bond market.

Leading is the 10-year term (32.09%), followed by the 5-year term (12.43%) and the 10-15 year term group (11.98%).

Source: https://nhandan.vn/4-thang-dau-nam-2025-huy-dong-trai-phieu-chinh-phu-dat-hon-150000-ty-dong-post877860.html