The figure brought the State Treasury’s year-to-date sum raised from government bonds to nearly 152.87 trillion VND, making up 30.6% of the year's target.
These auctions raised an impressive 65.3 trillion VND (over 2.5 billion USD), an 124% increase compared to February, signaling strong investor confidence in the country's financial stability.
The January auctions saw a strong preference for 10-year and 15-year bonds, representing 80.2% and 14.8% of the total, respectively. Specifically, 10-year bonds raised 12.81 trillion VND, while 15-year bonds garnered 2.36 trillion VND.
These forthcoming listings not only reflect the resilience of the country's economy, but also offer investors fresh opportunities across various sectors.
The Hanoi Stock Exchange successfully organised 17 Government bond auctions in November, raising 20.76 trillion VND (817.56 million USD) for the State Treasury.
The Hanoi Stock Exchange (HNX) has just announced the Top 10 brokerage market share list for the stock market in the third quarter of 2024, with VPS Securities JSC taking the top spot on both HNX and UPCoM.
The Hanoi Stock Exchange (HNX) held 16 auctions for Government bonds issued by the State Treasury last month, raising nearly 45.3 trillion VND (1.8 billion USD).
The State Treasury mobilised more than 127 trillion VND (4.49 billion USD) from G-bond auctions on the Hanoi Stock Exchange (HNX), or 31.76% of the annual plan.
Securities companies are set to switch to the new KRX trading system from April 24 to April 30 for official operation on May 2, said the Ho Chi Minh City Stock Exchange (HoSE).
The pressure of corporate bonds maturing in 2024 remains significant, with many businesses needing to pay trillions of Vietnamese dong in bonds that are due for investors.
The State Treasury has announced that it plans to raise 400 trillion VND (over 16.25 billion USD) worth of government bonds via auctions on the Hanoi Stock Exchange (HNX) this year.
The market capitalisation of Vietnam’s stock market approximated 6 quadrillion VND (246.7 billion USD) in 2023, rising 9.5% from and equivalent to about 62% of gross domestic product (GDP) in 2022, statistics show.
The State Treasury mobilised a total of 31.95 trillion VND (1.31 billion USD) worth of government bonds and government-guaranteed bonds in November via 32 auctions on the Hanoi Stock Exchange (HNX), representing a month-on-month increase of 68.3%.
Despite deposit interest rates at banks have reached historically low levels, it is premature to anticipate a significant influx of capital from banks into the securities market at this time.
The Ministry of Finance has recently granted credit rating permission to one more enterprise, bringing the total number of credit rating agencies in Vietnam to three, namely FiinRatings, Saigon Ratings, and VIS Rating.
Over 209.15 trillion VND (over 8.61 billion USD) was raised from the issuance of corporate bonds in the first 10 months of 2023, according to data compiled by the Vietnam Bond Market Association (VBMA) from the Hanoi Stock Exchange (HNX) and the State Securities Commission (SSC).
After more than two months of operation of the trading platform for privately placed corporate bonds, another 56 corporate bond codes were registered to be traded on the system last month, with the transaction value doubling that of August, said the Hanoi Stock Exchange (HNX).