Mobilized 20,760 billion VND through government bond auction

According to data from the Hanoi Stock Exchange (HNX), the State Treasury held 17 government bond auctions in November, issuing bonds at five terms including 5, 10, 15, 20 and 30 years.

The total mobilized volume reached over VND20,760 billion. Of which, the 10-year term continued to lead with a proportion of 77%, equivalent to VND16,000 billion. The results showed great interest from investors in this term.

By the end of November, the State Treasury had mobilized a total of VND323,006 billion, reaching nearly 81% of the 2024 plan, demonstrating positive progress in implementing the Government's capital mobilization plan.

In addition, the interest rate for mobilizing government bonds at the end of November recorded a slight adjustment. Specifically, the interest rates for 5, 10 and 30-year terms were 1.91%, 2.68% and 3.15%, respectively, up from 0.02% to 0.05%/year compared to the end of October.

On the other hand, the secondary market for government bonds also witnessed significant excitement. The value of listed government bonds as of November 30 reached over VND2.2 trillion, up 1.05% compared to the previous month. The highlight is that the average trading value per session reached VND13,647 billion, up sharply by over 14% compared to October, demonstrating a positive increase in market liquidity.

Outright transactions accounted for 71%, while repurchase transactions accounted for nearly 29% of the total transaction value. Accumulated in 11 months, the total secondary transaction value of government bonds reached more than 2.6 million billion VND with an average transaction value of 11,435 billion VND/session, recording an impressive growth of 75.5% compared to the average for the whole year of 2023.

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, of which foreign investors net bought VND147 billion.