Mobilizing nearly 230,500 billion VND through government bonds in 8 months

Thus, the total amount mobilized is 234,961 billion VND through the government bond channel in 8 months.

In August 2023, Hanoi Stock Exchange (HNX) organized 20 auctions of government bonds issued by the State Treasury with a total winning volume of VND 21,782 billion, down 34.56% compared to July 2023, the winning rate reached 92.69%.

In August, the 10-year and 15-year terms won the bid with the largest proportion, 39.02% and 43.61%, respectively. Notably, the interest rate for mobilizing 5-year government bonds of the State Treasury tended to decrease slightly over the sessions, with a decrease of 10 basis points compared to the last session of July.

Meanwhile, the winning interest rates for 10-year, 15-year and 30-year government bonds decreased slightly in the first session of the month and remained stable in the remaining sessions. Specifically, the winning interest rates in the last sessions of August for the 5-year, 10-year, 15-year and 30-year terms were 1.7%; 2.36%; 2.59% and 3.05%, respectively.

Regarding secondary transactions of government bonds, in August, the total transaction value reached 134,098 billion VND; of which, the value of Outright transactions (normal buying and selling transactions) reached more than 101,870 billion VND, and Repos transactions (repurchase contracts) reached nearly 32,228 billion VND.

The average trading value per session reached over VND 5,830 billion/session, up 11.69% compared to July. In August, the trading value of foreign investors was nearly VND 3,860 billion, accounting for 2.87% of the total trading value. Accumulated in the first 8 months of 2023, the total secondary trading value reached VND 953,284 billion, an average of VND 5,777 billion/session.