Over VND152.8 trillion ($5.85 billion) have been raised through government bonds auctions held by the State Treasury in the first four months of 2025, fulfilling 30.6% of the annual plan, according to the Vietnam Bond Market Association (VBMA),

In April alone, the State Treasury organized 20 government bond auctions on the primary market, successfully raising over $42.42 trillion (about $1.69 billion).

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.