HANOI: Vietnam's State Treasury raised 16 trillion dong (US$619.39 million) in its weekly government bond auction on Wednesday, up from US$371 million raised last week.

Around 84 per cent of the bonds on offer were sold, compared with 65 per cent last week, according to a Hanoi Stock Exchange filing.

The treasury sold all of the eight trillion dong of five-year bonds and 10-year bonds on offer, at a coupon of 4.27 per cent and 4.43 per cent respectively.

It failed to offload any of the combined two trillion dong of three- 15- and 30-year bonds on offer.