As of the end of November, the State Treasury had mobilized a total of VND 323,006 billion, achieving nearly 81% of the plan for the whole of 2024. (Photo: Vietnam+)
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According to data from the Hanoi Stock Exchange (HNX), the State Treasury held 17 government bond auctions in November, issuing bonds with five maturities of 5, 10, 15, 20, and 30 years.
The total mobilization volume exceeded VND 20,760 billion. Of this, the 10-year term continued to lead with a 77% weight, equivalent to VND 16,000 billion. The results reflect investors’ strong interest in this maturity.
As of the end of November, the State Treasury had mobilized a total of VND 323,006 billion, achieving nearly 81% of the plan for 2024, demonstrating positive progress in implementing the government’s capital mobilization plan.
Meanwhile, government bond yields at the end of November showed a slight adjustment. Specifically, the yields of the 5, 10, and 30-year terms were 1.91%, 2.68%, and 3.15%, respectively, increasing by 0.02% to 0.05% per year compared to the end of October.
On the other hand, the government bond secondary market also witnessed significant vibrancy. The value of government bonds listed as of November 30 exceeded VND 2.2 million billion, up 1.05% from the previous month. Notably, the average trading value per session reached VND 13,647 billion, a robust increase of over 14% from October, reflecting the market’s positive liquidity enhancement.
Of this, outright transactions accounted for 71%, while repo transactions made up nearly 29% of the total trading value. In the first 11 months, the total value of secondary market transactions for government bonds exceeded VND 2.6 million billion, with an average trading value of VND 11,435 billion per session, an impressive 75.5% increase compared to the 2023 average.
According to HNX, foreign investors’ participation in the government bond market in November accounted for 1.8% of the total trading value of the entire market, with net foreign purchases of VND 147 billion.
Hanh Nguyen
