Demand for G-bonds remained strong on both primary and secondary markets. However, as there were fewer offers on the primary market, investors bought aggressively on the secondary market. Liquidity jumped 42%, 96% of turnover focused on short-term maturities and yields dropped across all maturities. Even though the government adjusted the Q4 T-bonds issuance plan by VND10.5tn to VND35.7tn, all issuances were sold.