Vietnam Government Bonds Yield 3-Month
Vietnam Government Bonds Yield 3-Month stood at 3.82% on Jul 31, 2026, according to Hanoi Stock Exchange (HNX). It is one of the indicators in the Government bonds yield table (Value · Daily), with a complete series running from Mar 19, 2013 to Jul 31, 2026. The complete series with an interactive chart, free to download.
This indicator in the Government bonds yield table
| Indicator | 31-07-2026 | 30-07-2026 | 29-07-2026 | 28-07-2026 | 27-07-2026 | 24-07-2026 | 23-07-2026 | 22-07-2026 | 21-07-2026 | 20-07-2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Government bond yield curve (secondary market) | |||||||||||
| 3 months | 3.82 | 3.86 | 3.87 | 3.91 | 3.84 | 3.87 | 3.86 | 3.83 | 3.84 | 3.79 | |
| 6 months | 3.84 | 3.87 | 3.88 | 3.93 | 3.86 | 3.89 | 3.88 | 3.85 | 3.86 | 3.82 |
Understanding vietnam Government Bonds Yield 3-Month
This yield level represents the annualized rate of return for public debt securities with a remaining maturity of approximately three months in the secondary market. It is derived from the yield curve at a specific maturity point and is not necessarily the coupon rate or the return on a single traded bond. Compared to longer maturities in the same table, the three-month point is more sensitive to short-term liquidity and immediate rate expectations, while carrying lower price volatility risk due to its short remaining maturity.
When reading the daily series, it is advisable to examine the spread against the six-month and one-year points simultaneously to identify the slope at the front end of the curve. Day-to-day fluctuations may stem from thin trading volume or the interpolation method, so a single movement should not be interpreted as a definitive trend change. The Tet holiday and extended breaks can reduce liquidity, making observations less representative. Recent data may also be subject to revision; comparing adjacent days is suitable for tracking the market, whereas trend assessment requires a sufficiently long timeframe.
Frequently asked questions
- Is the three-month yield the coupon rate of the bond?
- No. The coupon is the cash flow stated on the bond, whereas the yield reflects the return based on market prices and is annualized.
- Why can the yield change even if no new issues are released?
- Trading prices, liquidity, and interest rate expectations can shift, causing points on the curve to move.
- Which maturity should the three-month point be compared against?
- The six-month and one-year points help indicate whether the market is pricing short-term interest rates to rise or fall over time.