The figure brought the State Treasury’s year-to-date sum raised from government bonds to nearly VND152.87 trillion, making up 30.6% of the year's target.

The April auctions focused on bonds with 5-, 10-, 15-, and 30-year maturities. Ten-year bonds dominated, making up 72.2% of the issuance (VND30.6 trillion), followed by five-year bonds at 23.6% (VND10 trillion).

Yields edged up at the month’s final auction, with five-year bonds at 2.31%, 10-year at 3.05%, 15-year at 3.10%, and 30-year at 3.28%, reflecting rises of 5 to 16 basis points from March.

On the secondary market, the total listed value of government bonds hit VND2.350 quadrillion as of April 29. The average daily trading value in April was VND12.513 trillion, down 24.29% from the previous month. Outright transactions (conventional buy/sell) accounted for 67.68% of the total market value, while repos (repurchase agreements) made up the remaining 32.32%.

Foreign investors, though more active than in March, contributed just 4.3% of transaction value and were net sellers, offloading VND522 billion.

Yields varying across 15- to 20-year and 3- to 5-year maturities saw the sharpest hikes, averaging 3.00% and 2.57%, respectively, while 25-to 30-year and 10- to 15-year yields dipped to 3.19% and 3.08%.

Medium-and long-term bonds dominated April’s trading volume, with the 10-year, 5-year, and 10–15 year maturities leading the market at 32.09%, 12.43%, and 11.98% of the total trading value, respectively.

Commercial banks remained the dominant players, handling 50.23% of outright trades and 81.29% of repos.

State budget revenue up 8.91% in first two months

The Department of Vietnam Customs (DVC) reported a positive start in 2025, with State budget revenue hitting VND 61.3 trillion (US$2.45 billion) in the first two months, or 14.92% of the annual target and an 8.91% year-on-year surge, heard a conference in Hanoi on March 7.