HCMC – Government bond sales totaled nearly VND30.6 trillion in October, according to data from the Hanoi Stock Exchange.
The Vietnam State Treasury held 22 auctions, offering bonds across six maturities: five, seven, 10, 15, 20, and 30 years. The 10-year bonds dominated, accounting for 78% of all debt issues and raising VND23.9 trillion.
In the first 10 months of the year, total government bond sales reached VND302.2 trillion, achieving 75.6% of the Treasury’s annual target.
October saw mostly stable coupon rates, with a slight dip in rates for 5-year bonds. Final auction rates were 1.89% for 5-year bonds, 2.66% for 10-year bonds, 2.86% for 15-year bonds, and 3.1% for 30-year bonds.
On the secondary market, government bond listings reached VND2.19 quadrillion as of October 31, a 0.99% increase from September. Monthly trading volume totaled VND274.8 trillion, with an average daily trading value of VND11.9 trillion, a 12% decline from September.
Foreign investors participated in 1.67% of secondary market transactions, with net sales amounting to VND434 billion. By the end of October, cumulative secondary trading volume for 2024 had reached VND2.32 quadrillion, averaging VND11.2 trillion per session, a 72% rise over the 2023 average.
