Deputy Prime Minister Hồ Đức Phớc directed the State Bank of Vietnam to study and advise the Government on solutions to issue dollar-denominated bonds.
The rise reflected the shift in supply and demand in the primary market and shows that the expectation of interest rate hikes is gradually becoming more evident in bond valuations.
In the first two months of the year, government bond issuances through HNX auctions reached VNĐ45.11 trillion, fulfilling 41 per cent of the first-quarter target and 9 per cent of the annual plan for 2025.
The State Treasury mobilised nearly VNĐ22.75 trillion (US$894.52 million) worth of Government bonds in April via 17 auctions on the Hanoi Stock Exchange (HNX).