The Hanoi Stock Exchange (HNX) has announced that it held 20 government bond auctions on the primary market in April, successfully raising over VND42.42 trillion (about US$1.69 billion).
The Hanoi Stock Exchange (HNX) held 20 auctions of government bonds in July, raising over VND36.5 trillion (over US$1.45 billion).
The State Treasury has announced that it plans to raise VND400 trillion (over US$16.25 billion) worth of government bonds via auctions on the Hanoi Stock Exchange (HNX) this year.
The total revenue to the State budget as of December 25 surpassed VND1.69 quadrillion (nearly US$69.5 billion), up 4.5% compared to the yearly estimate, heard a conference hosted by the Ministry of Finance in Hanoi on December 27.
The government bond yields in Vietnam have dropped across all tenors from March to June, resulting in the largest downward shift in the country’s bond yield curve among Asian nations, with an average decline of 136 basis points.
The State Treasury raised VND34.81 trillion (US$1.48 billion) worth of Government bonds, or 84.39% of the total G-bonds on offer, via 14 auctions on the Hanoi Stock Exchange (HNX) in April.
The State Treasury raised nearly VND36.6 trillion (US$1.58 billion) worth of Government bonds, or 79.12% of the total G-bonds on offer, via 12 auctions on the Hanoi Stock Exchange in February.
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.
Government debt repayments are on the right track, meeting the obligations committed to creditors, according to the Ministry of Finance.
The 10-year government bond future contracts will be officially launched on derivatives market from June 28, according to the Hanoi Stock Exchange (HNX).