The government bond market experienced a significant boost in March, with 15 successful auctions conducted by the State Treasury through the Hanoi Stock Exchange (HNX).
The Hanoi Stock Exchange (HNX) has announced that it held 17 auctions of Government bond issued by the State Treasury in January, successfully raising 15.98 trillion VND (639 million USD) across 5, 10, 15, 20, and 30-year maturities.
The Vietnam stock market concluded the final trading session of 2024 with the VN-Index decreasing by 5.24 points to 1,266.78 points. However, for the entire year, the VN-Index still recorded a gain of over 12%.
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) during January-May, or 31.76% of the annual plan.
The State Treasury mobilised nearly 22.75 trillion VND (894.52 million USD) worth of Government bonds in April via 17 auctions on the Hanoi Stock Exchange (HNX).
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.