Hanoi, April 15 -- The Vietnam State Treasury (VST) raised a total of 80.101 trillion VND (3 billion USD) worth of government bonds across 11 auctions in the first quarter, reaching 72.8% of its quarterly target and about 16% of the full-year issuance plan of 500 trillion VND.

All the bonds were issued through auctions with maturities ranging from 5-15 years. Notably, longer tenors of 20-30 years attracted zero investor interest. The average issuance tenor landed at 10.02 years, helping keep the overall government bond portfolio's average maturity at 8.44 years and easing near-term repayment pressure on the central budget.

Yields were managed in line with broader market movements and the State Bank of Vietnam's monetary policy stance. B...