Government bond market in September: Active transactions, maintaining high liquidity

(Chinhphu.vn) - In September 2025, the Hanoi Stock Exchange (HNX) organized 16 Government bond auctions, mobilizing more than VND 16,975 billion. Winning interest rates increased slightly across terms, while transactions on the secondary market maintained good liquidity, reaching nearly VND 17,000 billion/session.

Government bond market in September: Active transactions, maintaining high liquidity

In September 2025, HNX organized 16 auctions of Government bonds issued by the State Treasury, mobilizing VND 16,975 billion.

In the first 9 months of the year, the total mobilized value reached VND255,688 billion, completing more than 51% of the yearly plan. The issued bonds were mainly 10-year bonds, accounting for nearly 93% of the total issuance volume. The winning interest rate increased slightly, at 3.03% for 5-year bonds, 3.59% for 10 years and 3.64% for 30 years.

In the secondary market – where issued bonds are bought and sold, the listed value reached nearly VND2.45 trillion, an increase compared to the previous month. The average transaction reached VND16,771 billion/session, of which 71.7% were Outright transactions (buying and selling outright) and 28.3% were Repos transactions (buying and selling with a commitment to buy back).

Foreign investors accounted for about 4% of the transaction value, net selling VND676 billion in September. However, in the first 9 months of the year, foreign investors still net bought VND2,552 billion, showing stable confidence in the Vietnamese bond market.

Mr. Minh

Source: https://baochinhphu.vn/thi-truong-trai-phieu-chinh-phu-thang-9-giao-dich-soi-dong-duy-tri-thanh-khoan-cao-102251008235441311.htm