Vietnam’s Treasury Collects $322 Million in Government Bond Auction

HANOI: The State Treasury of Vietnam successfully secured 8.36 trillion dong ($322 million) through a government bond auction held on Wednesday. This figure represents a decrease from the $446 million obtained in the preceding week’s auction.

The absorption rate also experienced a decline, with 66.8% of the offered bonds finding buyers, according to a filing from the Hanoi Stock Exchange. This contrasts with the 82.7% uptake observed during the previous week’s auction.

Data from the exchange indicates that the total government bond sales for the year have reached 130.8 trillion dong. The Vietnamese government primarily channels the proceeds from these bond sales into funding public investments, a crucial element in driving the nation’s economic expansion.

During Wednesday’s auction, the treasury successfully sold the entire allocation of 2 trillion dong in 5-year bonds, featuring a coupon rate of 2.26%. Additionally, all 1 trillion dong of the 15-year bonds were sold, carrying a coupon rate of 3.10%.

Furthermore, 5.3 trillion dong of the 9 trillion dong allocation of 10-year bonds were sold at a coupon rate of 3.03%. A smaller amount of 52 billion dong out of 500 billion dong of 30-year bonds were sold, with a coupon rate of 3.28%.

On the corporate front, Vietnamese companies have accumulated 41.6 trillion dong through bond issuances up to April 18, based on data from the bond market association.

The value of corporate bonds reaching maturity in the remaining period of 2025 stands at 166 trillion dong. Of this, 53.5% is attributed to the real estate sector, while 24.2% pertains to the banking sector, according to the provided data.