Vietnam raises $232 mln in bond auction, bourse filing says

Vietnam's State Treasury raised 6.12 trillion dong ($232.21 million) in a weekly government bond auction on Wednesday, up from the $192 million raised last week. The uptake was higher, with 47.3% of the bonds on offer sold, compared with 16% at last week's auction, according to a Hanoi Stock Exchange filing.

The auction took total government bond sales so far this year to 254.9 trillion dong ($9.67 billion), according to exchange data. Proceeds from bond sales are mainly used to fund Vietnam's public investments, one of the key drivers of economic growth. It aims to raise 500 trillion dong this year.

At Wednesday's auction, the treasury sold 1.9 trillion dong out of the 2 trillion dong of 5-year bonds on offer at a coupon of 3.12%. It also sold 4 trillion dong out of 9 trillion dong of 10-year bonds, with a 3.69% coupon. The coupon rates offered for both the 5-year and 10-year bonds exceeded those of last week, which were already the highest this year.


The treasury managed to offload 120 billion of the total 1.5 trillion 15-year bonds on offer, but failed to offload any of the 30-year bonds.

On the corporate side, 37 corporate bond issuances have been announced in September, with a total value of 39 trillion dong, raising the total raised via bonds this year to 413 trillion dong, according to bond market association data.

The value of corporate bonds maturing in the remainder of 2025 reached 47.6 trillion dong, of which 38.5% is in the real estate sector and 28.9% in the banking sector, the data showed.