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The Magic Number: $2.54 Billion and Beyond

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Vietnam’s government bond auctions in March 2025 witnessed remarkable success, raising 65.3 trillion VND (over 2.5 billion USD), reflecting a significant 124% surge compared to February. This impressive achievement is a strong testament to investors’ unwavering confidence in the country’s financial stability and prospects. Demonstrating the effectiveness of the State Treasury’s strategies, the first quarter of 2025 saw a mobilization of 110.4 trillion VND, inching closer to the Q1 issuance target with 99.5% achievement and marking a solid start towards the full-year plan, with 22.1% already accomplished. The bond issuance in March covered a diverse range of maturities, including 5, 10, 15, and 30 years, with the 10-year bonds taking center stage. These bonds accounted for a substantial 92.6% of the total issuance, translating to 60.523 trillion VND and showcasing their dominance in the market. An illustrative image depicting stacks of coins and a bar graph, symbolizing financ...