Foreign investors net bought 298 billion VND of government bonds in July

In July 2025, in the secondary market, the value of government bond transactions reached over 15,000 billion VND/session, with foreign investors' transactions accounting for 4.27% of the total transaction value of the whole market.

Information from the Hanoi Stock Exchange (HNX) said that in July 2025, HNX organized 20 auctions of government bonds issued by the State Treasury, mobilizing VND 25,859.62 billion.

Bonds issued during the month included tenors of 5, 10, 15 and 30 years, of which the majority were tenors of 10 and 15 years, with issuance proportions of 84% and 11%, respectively, equivalent to VND21,656 billion and VND2,900 billion. At the auction at the end of July, the winning interest rates for the tenors of 5, 10, 15 and 30 years were 2.75%, 3.29%, 3.40% and 3.45%, respectively, up 16, 11, 13 and 5 basis points compared to the winning auction at the end of June.

In the secondary market, the listed value of government bonds as of July 31, 2025 reached VND 2,412,646 billion. The average trading value reached VND 15,710 billion/session, down 6.15% compared to the previous month. Of which, the Outright trading value accounted for 65.23%, the Repos trading value accounted for 34.77% of the total trading value of the whole market.

Foreign investors' transactions accounted for 4.27% of the total market transaction value, of which foreign investors net bought VND298 billion.

In July, the trading yields of government bonds increased the most in the 3-5 year, 25-30 year and 7-10 year terms , currently reaching an average yield of about 2.6553%; 3.5552% and 2.888% respectively; and decreased the most in the 25 year, 5-7 year and 15 year terms , currently reaching an average yield of about 3.0799%; 2.4363% and 3.0527% respectively.

Medium and long-term terms were traded a lot, of which 10-year, 5-year and 7-10-year terms were traded the most with proportions compared to the total transaction value of the whole market being 20.86%; 15.60% and 11.48% respectively .

The commercial banking sector continues to dominate the market share of government bond transactions, with the proportion of Outright and Repos transaction value compared to the entire market being 47.44% and 92.14%, respectively.

Source: https://baodautu.vn/khoi-ngoai-mua-rong-298-ty-dong-trai-phieu-chinh-phu-trong-thang-7-d353705.html