The State Treasury raised VND159.2 trillion ($6.05 billion) through Government bond issuance in the first five months of the year, equivalent to 72% of the State Treasury’s second-quarter issuance target and 32% of its annual plan.
The State Treasury mobilized VND33.63 trillion ($1.27 billion) in May alone through 17 bond auctions conducted on the Hanoi Stock Exchange (HNX), according to a news story from the Vietnam News Agency.
Demand remained concentrated in medium- and long-term instruments, with 10-year and five-year bonds accounting for nearly all of the month's issuance. Ten-year bonds made up 54% of total issuance value, raising VND18.25 trillion, while five-year bonds contributed VND15 trillion, or 45% of the total.
During the month, the State Treasury offered bonds with maturities ranging from three to 30 years. Successful bids were recorded for three-, five-, 10-, 15- and 30-year tenors.
Bond yields rose slightly compared with the final auction in April, with winning rates increasing by between 2 and 14 basis points, reflecting continued investor appetite amid evolving market conditions.
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