Vietnam raises $302 million in government bond auction
https://img.etimg.com/thumb/msid-125888934,width-1200,height-630,imgsize-52942,overlay-etmarkets/articleshow.jpg
The uptake was slightly higher, with 61% of the bonds on offer sold, compared with 60% last week, according to a Hanoi Stock Exchange filing.
The auction took total government bond sales so far in 2025 to 309 trillion dong, according to exchange data, meeting 62% of the government’s target of raising 500 trillion dong this year.
Proceeds from bond sales are mainly used to fund Vietnam’s public investments, one of the key drivers of economic growth.
At Wednesday’s auction, the treasury sold 7.95 trillion dong out of the 10 trillion dong of 10-year bonds on offer at a coupon of 3.92%.
The coupon is the highest for the bond so far this year.
It failed to offload any of the 3 trillion dong of 5-, 15- and 30-year bonds on offer.On the corporate side, Vietnamese companies have raised 529.5 trillion dong via bonds this year up to December 5, according to bond market association data.
The value of corporate bonds maturing in the remainder of 2025 is 23.6 trillion dong, of which 42.8% is in the real estate sector and 15.7% in the banking sector, the data showed.
Post Comment