These auctions raised an impressive 65.3 trillion VND (over 2.5 billion USD), an 124% increase compared to February, signaling strong investor confidence in the country's financial stability.
In the first two months of the year, government bond issuances through HNX auctions reached 45.11 trillion VND, fulfilling 41% of the first-quarter target and 9% of the annual plan for 2025.
Vietnam's total state budget revenue for 2024 is projected to surpass 2.02 quadrillion VND (approximately 79.24 billion USD), marking an increase of 19.1% compared to the estimate, according to the Ministry of Finance.
The Hanoi Stock Exchange (HNX) held 16 auctions for Government bonds issued by the State Treasury last month, raising nearly 45.3 trillion VND (1.8 billion USD).
After strong growth in the previous quarter, Vietnam’s currency bond market contracted 0.2% due to a decline in the Government bond market and slower growth in corporate bonds.
More than 206 trillion VND (9 billion USD) worth of Government bonds has been raised for the State budget annually. This accounts for almost 10 percent of total investment in society in 2020 and 28.3 percent of the investment by the State sector last year.
On the primary market, the State Treasury and the Vietnam Bank for Social Policies (VBSP) mobilised more than 32.5 trillion VND (1.41 billion USD) via 22 Government bond (G-bond) auctions on the Hanoi Stock Exchange (HNX) in July.
Though some banks increased their deposit interest rates early this month, it is not a common trend and the rate currently is still at the lowest level it has been in many years.
More than 12 trillion VND (519.3 million USD) was mobilised for the State Treasury through a Government bond auction at the Hanoi Stock Exchange (HNX) on December 23.
Through 21 Government bond auctions on the Hanoi Stock Exchange (HNX) in July, the State Treasury raised more than 58.67 trillion VND (over 2.5 billion USD), up 80 percent against June.
Up to 4.61 trillion VND (198.5 million USD) has been raised by the State Treasury through the latest auction of Government bonds (G-bonds) on the Hanoi Stock Exchange.
Governor of the Bank Indonesia Perry Warjiyo has said foreign capital flow to the country totalled 16.07 billion USD in 2019 despite global economic uncertainties.
Efforts of the Ministry of Finance to restructure the Government bond market have turned the bonds into an important capital mobilisation channel for national economic development, stated Phan Thi Thu Hien, head of the ministry’s Finance-Banking Department.
The Vietnam Bank for Social Policies (VBSP) has raised 150 billion VND (6.5 million USD) at the latest auction of Government-guaranteed bonds on the Hanoi Stock Exchange (HNX) held on July 23.
The State Treasury of Vietnam raised about 4.4 trillion VND (more than 190.7 million USD) in the last Government bond (G-bond) auction of June, according to the Hanoi Stock Exchange (HNX).
The State Treasury of Vietnam has mobilised over 65.8 trillion VND (2.89 billion USD) via Government bond (G-bond) auctions at the Hanoi Stock Exchange (HNX) since the beginning of 2018.
Total revenue of the State budget reached 446.3 trillion VND in the first fourth months of 2018, equivalent to 33.8 percent of the yearly estimate and up 12.1 percent year-on-year, according to the Ministry of Finance.
The State Treasury of Vietnam raised over 2.1 trillion VND (92.08 million USD) via Government bond (G-bond) auctions in the Hanoi Stock Exchange (HNX) on May 2.
