In July, successfully mobilized nearly 26,000 billion VND of government bonds

In July 2025, the Hanoi Stock Exchange organized 20 auctions of government bonds issued by the State Treasury, raising VND 25,859.62 billion.

Bonds issued last month included terms of 5, 10, 15 and 30 years, mainly 10-year and 15-year terms, 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 5, 10, 15 and 30-year terms were 2.75%, 3.29%, 3.40% and 3.45%, respectively, up 16, 11, 13 and 5 basis points compared to the auction at the end of June.

In the secondary market, the listed value of government bonds as of July 31, 2025 reached VND2,412,646 billion. The average trading value reached VND15,710 billion/session, down 6.15% compared to the previous month.

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

Also in July, government bond trading yields increased the most in terms of 3-5 years, 25-30 years and 7-10 years, reaching average yields of about 2.6553%; 3.5552% and 2.888%, respectively.

Yields fell the most at 25-year, 5-7-year and 15-year terms, currently reaching average yields 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 the respective rates of 20.86%; 15.60% and 11.48%.

The commercial banking sector continues to dominate the market share of government bond transactions, with the proportion of outright and repos transactions to the entire market at 47.44% and 92.14%, respectively.

Source: https://hanoimoi.vn/thang-7-huy-dong-thanh-cong-gan-26-000-ty-dong-trai-phieu-chinh-phu-711931.html