Government Bond Market in September: Slight Increase in Winning Bid Rates Across Maturities

In September 2025, the Hanoi Stock Exchange (HNX) conducted 16 government bond auctions, successfully raising over VND 16.975 trillion. Tender yields saw a slight increase across various tenors, while secondary market trading remained highly liquid, averaging nearly VND 17,000 billion per session.

0
111

Vietnam Government Bond Market in September: Vibrant Trading, Sustained Liquidity

In September 2025, the Hanoi Stock Exchange (HNX) conducted 16 auctions for government bonds issued by the State Treasury, raising VND 16,975 billion.

For the first nine months of the year, the total mobilization value reached VND 255,688 billion, fulfilling over 51% of the annual plan. The majority of bonds issued were 10-year maturities, accounting for nearly 93% of the total issuance. Winning auction rates saw a slight increase, with 3.03% for 5-year bonds, 3.59% for 10-year bonds, and 3.64% for 30-year bonds.

In the secondary market—where previously issued bonds are traded—the listed value reached nearly VND 2,450 trillion, up from the previous month. Average trading volume was VND 16,771 billion per session, with 71.7% being Outright transactions (outright buy/sell) and 28.3% being Repos (buy/sell with repurchase agreement).

Foreign investors accounted for approximately 4% of trading value, net selling VND 676 billion in September. However, cumulatively for the first nine months, foreign investors remained net buyers at VND 2,552 billion, reflecting sustained confidence in Vietnam’s bond market.

Nhat Quang

– 09:00 09/10/2025

You may also like

Phú Mỹ Hưng Completes Settlement for a Bond Lot

Phú Mỹ Hưng has successfully settled its TW000F169016 bond series, paying off the principal amount of 80 billion VND and over 1.1 billion VND in interest. This marks the complete redemption of the bond issuance.

HBS Stock of Hoa Binh Securities Placed Under Trading Restrictions

Due to the delayed submission of the 2025 semi-annual financial report, which exceeded the 45-day deadline, HBS shares of Hoa Binh Securities have been placed under trading restrictions effective October 8, 2025.

Ea Pöck Coffee Delisted Due to Loss of Public Company Status

Over 9.4 million shares of Ea Pök Coffee Joint Stock Company (UPCoM: EPC) will be delisted from the UPCoM market starting October 24th, as the company no longer meets the criteria for a public company.

Sun Group’s Core Company Reports 241 Billion VND Profit in First Half of the Year

Sun Group Corporation has unveiled its financial performance for the first half of 2025.

Ho Chi Minh City – Lam Dong Postpones Interest Payment on VND 1.6 Trillion Bond Issuance

Saigon – Lam Dong has extended the interest payment deadline for the bond issuance SLTCH2328001, valued at over 1.6 trillion VND.