An additional VND42.4 trillion in government bonds were mobilized in April.

According to data from the Hanoi Stock Exchange (HNX), 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 152,867 billion VND through government bond bidding, reaching 30.6% of the 2025 plan.

Bonds issued in April had maturities of 5, 10, 15 and 30 years, of which the majority were 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 5, 10 and 15 year maturities 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 2025, the task of issuing government bonds was assigned to the State Treasury with a total volume of up to VND 500,000 billion - the highest level ever, an increase of 25% compared to the 2024 plan. In the first quarter of 2025, the State Treasury mobilized VND 110,440 billion, equal to 99.5% of the first quarter 2025 plan assigned by the Ministry of Finance (VND 111,000 billion) and 22.1% of the 2025 plan.

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.

The medium and long-term tenors were the most traded in the entire market in April, with the leading tenors being 10 years, 5 years and 10-15 years with the proportions to the total transaction value of the entire market being 32.09%; 12.43% and 11.98% respectively. The commercial banking sector continued to dominate the market share of transactions in the government bond market, with the proportions of Outright and Repos transaction value compared to the entire market being 50.23% and 81.29% respectively.

Source: https://baodautu.vn/them-424-nghin-ty-dong-trai-phieu-chinh-phu-duoc-huy-dong-trong-thang-4-d279118.html