The State Treasury raised VND255.7 trillion ($9.65 billion) through government bond auctions in the first nine months of 2025, achieving 51.1% of its annual target, according to the Vietnam Bond Market Association (VBMA).
In September alone, about VND17 trillion ($641 million) worth of government bonds were issued — the highest monthly level in the third quarter.
Most bonds were offered in five- and ten-year maturities, with annual interest rates reaching 3.06% and 3.62%, respectively — the highest since February 2023.
On the secondary market, the average daily trading value declined 9.8% month-on-month to VND16.8 trillion ($633 million).
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