Domestic loan has just achieved 20.3% of the plan

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This mobilization was due to the need to use state budget bonds and the disbursement progress of construction investment capital is not high, accordingly, the State Treasury has actively reduced the volume of call for tender. Government bond yields continued to increase slightly in May, focusing on 10 and 15 year terms.

The agency also said that there should be measures to promote public investment, in that the source of government bonds, which is to serve for the increase of demand for releasing in the coming months, is to gradually reduce the pressure of capital mobilization in the second half of the year to avoid risk of issuing higher interest rate bonds.

Indeed, one of the successes in the Government's administration over time is to extend the term of government bonds and reduce the proportion of foreign loans.

Regarding to the term, the term of issuance of government bonds has been extended: In 2011 the average years is, 3.9 years; 2017 is, 12.74 years, thereby increasing the term of the Government bonds (in 2011 is 1.84 years, 2017 is 6.7 years). Mobilization interest rates also fell sharply in some years (in 2011 is 12.01%, 5.98% in 2017 and 4.12% for 5 years in 2018).

On the debt structure, the proportion of foreign loans has been reduced from 61% in 2011 to 40% in 2017.