Mobilized more than 201,000 billion VND in government bonds in 6 months

In the first 6 months of 2025, the State Treasury mobilized VND 201,390 billion through government bond auctions, reaching 40% of the 2025 plan.

According to the Hanoi Stock Exchange (HNX), in June 2025, HNX organized 16 auctions of government bonds issued by the State Treasury, mobilizing VND 30,473 billion, an increase of 68.8% compared to May.

Bonds issued in June included terms of 5, 10, 15 and 30 years, mainly 5-year and 10-year terms, with issuance proportions of 68% and 27%, respectively, equivalent to VND8,300 billion and VND20,640 billion.

At the last auction in June, the winning interest rates for 5, 10, 15 and 30-year terms were 2.59%, 3.18%, 3.27% and 3.40%, respectively, up 18, 10, 7 and 10 basis points compared to the last session in May.

In the first 6 months of 2025, the State Treasury mobilized VND 201,390 billion through government bond auctions, reaching 40% of the 2025 plan.

On the secondary market, the listed value of government bonds as of June 30 was VND2,395,821 billion. The average trading value in June reached VND16,739 billion/session, up 20.28% compared to May.

Foreign investors' transactions accounted for 3.68% of the total market transaction value, of which foreign investors net sold 13.4 billion VND.

From the beginning of the year to the end of June, the average transaction value reached VND 14,044 billion/session, an increase of 19.22% compared to the whole year 2024.

In June, government bond trading yields increased the most in the 7-year, 15-year and 5-year terms, with average yields of about 2.8176%; 3.1584% and 2.5167%, respectively; and decreased the most in the 3-year, 25-year and 25-30-year terms, with average yields of about 2.0168%; 3.3952% and 3.4182%, respectively.

Medium and long-term maturities were traded a lot in June, of which 10-year, 10-15-year and 5-year maturities were traded the most with proportions to the total trading value of the whole market being 28.15%, 14.17% and 12.55% respectively. The commercial banking sector continued to dominate the market share of government bond transactions.

Source: https://hanoimoi.vn/huy-dong-hon-201-000-ty-dong-trai-phieu-chinh-phu-trong-6-thang-708514.html