Total government bond (G bond) transaction value hit more than 1.5 quadrillion VND (65.9 billion USD) in the first nine months of the year. (Photo: cafef.vn)

Hanoi (VNA) – Total government bond (G bond) transaction value hit more than 1.5 quadrillion VND (65.9 billion USD) in the first nine months of the year, up 42.4 percent year-on-year, according to the Hanoi Stock Exchange (HNX).

The value of G bonds in outright transactions was calculated at 778.5 trillion VND (34.2 billion USD) while sales in repurchase transactions reached 734.6 trillion VND (32.3 billion USD).

Average transaction value in the period stood at 8.56 trillion VND per auction, 1.35 times higher than the same time last year. Notably, there were many transaction sessions worth over 10 trillion VND (439.9 million USD) per auction, even 15 trillion VND (659.8 million USD) recorded on June 22.

The HNX said that Vietnamese G-bond market has experienced robust growth in recent years, represented through the increase of repurchase transaction value which occupied 48.2 percent of the total while the last year’s figure was only 40 percent.

Foreigners have also become more interested in Vietnam’s G-bond market, spending 95.4 trillion VND (4.2 billion VND) on G bonds during January-September.

They posted a net buy value of 20.66 trillion VND (908.8 million USD), up 162 percent from 2016. That was an improvement compared to total foreign investors’ net sell value of 4.4 trillion VND (193.6 million USD) made in 2015.-VNA