Vietnam raises $298mn in govt bond auction
- The uptake was also higher, with 60% of the bonds on offer sold, compared with 43% last week, according to a Hanoi Stock Exchange filing
HANOI: Vietnam’s State Treasury raised 7.85 trillion dong ($298 million) in a weekly government bond auction on Wednesday, up from $229 million raised last week.
The uptake was also higher, with 60% of the bonds on offer sold, compared with 43% last week, according to a Hanoi Stock Exchange filing.
The auction took total government bond sales so far in 2025 to 300.7 trillion dong, according to exchange data, meeting 60% 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 7.85 trillion dong out of the 8 trillion dong of 10-year bonds on offer at a coupon of 3.88%.
It failed to offload any of the total of 5 trillion dong of 5-, 15- and 30-year bonds on offer.
On the corporate side, Vietnamese companies have raised 511 trillion dong via bonds this year up to November 28, according to bond market association data.
The value of corporate bonds maturing in the remainder of 2025 is 28 trillion dong, of which 35.9% is in the real estate sector and 28.7% in the banking sector, the data showed.