Mobilized 152,867 billion VND through bidding for Government bonds in the first 4 months of 2025

(Chinhphu.vn) - In April 2025, in the primary market, HNX organized 20 auctions of Government bonds issued by the State Treasury, mobilizing VND 42,427 billion. In the first 4 months of 2025, the State Treasury mobilized VND 152,867 billion through Government bond auctions, reaching 30.6% of the 2025 plan.

In the first 4 months of 2025, the State Treasury mobilized 152,867 billion VND through bidding for government bonds, reaching 30.6% of the 2025 plan.

According to the Hanoi Stock Exchange (HNX): Bonds issued in April have terms of 5, 10, 15 and 30 years, of which the majority are 10 and 5 years, with issuance proportions of 72.2% and 23.6%, respectively, equivalent to VND30,640 billion and VND10,000 billion. At the last auction of the month, the winning interest rates for the terms of 5, 10 and 15 years were 2.31%, 3.05%, 3.10% and 3.28%, respectively, up 16, 9 and 5 basis points compared to the winning auction at the end of March.

In the secondary market, the listed value of Government bonds as of April 29, 2025 reached VND 2,350,503 billion. The average trading value in April reached VND 12,513 billion/session, down 24.29% compared to the previous month. Of which, the Outright trading value accounted for 67.68%, the Repos trading value accounted for 32.32% of the total trading value of the whole market. Foreign investors' transactions increased compared to March, accounting for 4.3% of the total trading value of the whole market, of which foreign investors net sold VND 522 billion.

The trading yield of Government bonds increased the most in the 15-20 year and 3-5 year terms, currently reaching an average yield of about 3.0026% and 2.5656% respectively, and decreased the most in the 25-30 year and 10-15 year terms, currently reaching an average yield of about 3.1895% and 3.0816 respectively.

Medium and long-term terms were traded the most in the whole market in April, in which leading the most traded terms were 10 years, 5 years and 10-15 years with proportions to the total transaction value of the whole market of 32.09%; 12.43% and 11.98% respectively.

The commercial banking sector continues to maintain its dominant market share in the Government bond market, with the proportion of the value of ordinary purchases and sales (Outright) and purchases/resales (Repos) compared to the entire market being 50.23% and 81.29%, respectively.

Mr. Minh

Source: https://baochinhphu.vn/huy-dong-duoc-152867-ty-dong-qua-dau-thau-tpcp-trong-4-thang-dau-nam-2025-102250506194655921.htm