HCMC – The State Treasury of Vietnam raised VND11.46 trillion through government bond auctions in August, showed data from the Hanoi Stock Exchange.
The bonds had maturities of five to 30 years, with 10-year and 15-year notes accounting for most of the issuance, at 86.8% and 9.6%, respectively.
Coupon rates at the end of August were 2.80% for five-year bonds, 3.45% for 10- and 15-year bonds, and 3.47% for 30-year bonds. The rates rose slightly from July, up two to 16 basis points.
As of August 31, listed government bonds on the secondary market totaled more than VND2.43 quadrillion. Average daily trading volume increased 18.2% from July to VND18.57 trillion.
Outright transactions made up 76.1% of trading value, while repos accounted for 23.9%. Foreign investors represented 3.9% of total trading and posted net purchases of VND869 billion.
Coupon rates rose for 25-year bonds to 3.55%, for five- to seven-year bonds to 2.63%, and for three-year bonds to 2.14%. The rates for seven- to 10-year bonds fell to around 2.87%.
Trading remained active in medium- and long-term bonds, led by 10-year notes at 18.2% of the total, five-year bonds at 15.3%, and 25- to 30-year bonds at 11.2%.
Commercial banks accounted for 47.3% of outright transactions and 91.6% of repo transactions.
