Jun 2025: New issuance hit a record high in June
In Jun 2025 the total bond issuance increased to VND115,575bn (Fig. 1), (+36% yoy and +56% mom). The Banking led the Jun 2025 surge with VND94,168bn (+30% yoy) and accounted for 81% of total issuance.
Jun bond repurchase came in VND59,678bn (+134% yoy and +175% mom), mainly driven by Banking sectors.
Featured Analysis
Derivatives: Uptrend sustained
Fund flow: The outflow trend has cooled
Derivatives: Breaking through previous peak
Market commentary: Foreign investors strongly return to net buying
SBV returns to net injection as interbank rates surge
Derivatives: Breakout signal
Market commentary: Late-session buying interest
