HCMC – The Government bond (G-bond) market stayed vibrant in November, with more than VND29.5 trillion raised through auctions, according to the Vietnam News Agency.
Data from the Hanoi Stock Exchange (HNX) showed active trading across both the primary and secondary markets throughout the month. HNX organized 23 auctions, successfully raising a combined VND29,540 billion.
Of the total amount mobilized, the State Treasury secured VND23,490 billion, while the Vietnam Bank for Social Policies raised VND6,050 billion.
In the year to November, the State Treasury had mobilized VND306,919 billion through G-bond sales, equivalent to 61.38% of this year’s plan.
Most G-bonds issued in November came with five- and 10-year terms. The 10-year G-bonds were the main source of capital, making up 81% of the total, or VND19,110 billion.
In November, coupon rates on Government bonds issued by the State Treasury continued to edge up for both the five year and ten year terms.
At the month’s final auction, the five-year rate reached 3.16% and the 10-year rate climbed to 3.86%, rising by 2 and 6 basis points compared with late October.
As of November 30, the total value of Government bonds listed on the Hanoi Stock Exchange totaled VND2,494,860 billion, up 1.05% from October.
