The uptake was also higher, with 23% of the bonds on offer sold, compared with 20% last week, according to a Hanoi Stock Exchange filing.
The treasury sold 1 trillion dong out of 4 trillion dong of 5-year bonds on offer, at a coupon of 4.18%.
Vietnam’s State Treasury successfully raised three trillion dong in its recent bond auction. This amount represents an increase from the previous week’s successful bond sales. The treasury sold a portion of its five-year and ten-year bonds on offer. Additionally, some fifteen-year and thirty-year bonds were sold while three-year bonds saw no sales. The government continues its efforts to meet its annual bond sale target.
It sold 1.84 trillion dong out of 7 trillion dong of 10-year bonds on offer, at a coupon of 4.35%.
It sold 175 billion dong out of 1 trillion dong of 15-year bonds on offer, at a coupon of 4.50%.
It sold 30 billion dong out of 500 billion dong of 30-year bonds on offer, at a coupon of 4.59%.
It failed to sell any of the 500 billion dong of 3-year bonds on offer.The government aims to raise 500 trillion dong from bond sales this year. So far it has raised over 177 trillion dong.
Vietnamese companies have raised 265 trillion dong via bonds this year up to July 10, according to bond market association data.
The total value of corporate bonds maturing during the remainder of this year is 113 trillion dong.