Vietnam State Treasury mobilizes 70 trillion VND in September bond auctions

The State Treasury of Vietnam successfully mobilized over 70,139 billion VND through 25 government bond auctions in September, representing a 152% increase compared to August. For the first nine months of the year, the Treasury has raised a cumulative 299,060.5 billion VND, reaching 60% of its annual issuance plan.

In terms of maturity structure, the September issuances were primarily concentrated in 10-year bonds, which accounted for 63.3% of the total volume (44,403 billion VND), followed by 5-year bonds at 36.6% (25,651.2 billion VND). While auctions were called for five different maturities, successful bids were only recorded for the 5-year, 10-year, and 30-year terms. Notably, the winning interest rates for these three terms increased by 2 basis points compared to the final auction session of the previous month.

On the interbank market, VND interest rates showed mixed trends. The average overnight VND interest rate rose by 0.2 percentage points to 0.8% per annum, and the one-week rate increased to 2.5% per annum. Meanwhile, the two-week rate remained stable at 3.8% per annum, and the one-month rate decreased by 0.2 percentage points to 5% per annum.