Government bond market was bustling in June, mobilizing over 30,000 billion VND

(Chinhphu.vn) - In June 2025, HNX organized 16 auctions of Government bonds (G-bonds) issued by the State Treasury, mobilizing VND 30,473 billion, an increase of 68.8% compared to May.

June 2025: mobilize 30,473 billion VND through bidding for government bonds

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

Bonds issued in June included terms of 5, 10, 15 and 30 years, of which the majority were 10-year and 5-year terms, with issuance proportions of 68% and 27%, respectively, equivalent to VND20,640 billion and VND8,300 billion. At the last auction of the month, the winning interest rates for the terms of 5, 10, 15 and 30 years were 2.59%, 3.18%, 3.27% and 3.40%, respectively, up 18, 10, 7 and 10 basis points compared to the winning auction at the end of May.

In the secondary market, the listed value of Government bonds as of June 30, 2025 reached VND 2,395,821 billion. The average trading value in June reached VND 16,739 billion/session, up 20.28% compared to the previous month.

Foreign investors' transactions accounted for 3.68% of the total market transaction value, of which foreign investors (NĐTNN) net sold VND 13.4 billion. In the first 6 months of the year, the average transaction value of Government bonds reached VND 14,044 billion/session, up 19.22% compared to the whole year of 2024.

In June, the trading yield of Government bonds increased the most in the 7-year, 15-year and 5-year terms, currently reaching an average yield 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, currently reaching an average yield 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 compared to the total transaction 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 transactions in the government bond market.

Mr. Minh

Source: https://baochinhphu.vn/thi-truong-trai-phieu-chinh-phu-soi-dong-thang-6-huy-dong-vuot-30000-ty-dong-102250709153832559.htm