Trading liquidity of the Government bond market may increase once the State Treasury of Viet Nam is able to buy and sell bonds, a State Securities Commission (SSC) official said.
The bonds, with the face value of VND1 billion each, have a two-year maturity period and no pledged collateral.
The State Treasury will cut down its bond issuance this year to VND183.3 trillion (US$8 billion), a decrease of 26.7 per cent compared with its initial projection, the agency has announced.
The Ha Noi-based IB Securities JSC plans to issue VND600 billion (US$26.67 million) worth of bonds in 2017.
The State Treasury mobilised VND20.9 trillion (US$916 million) by auctioning government bonds at the Ha Noi Stock Exchange (HNX) early this year.
Life insurance companies were the major investors in Government bonds in 2016.