The VST revised up its 2020 issuance plan to VND300tn (USD12.2bn). A total of VND36.9tn (USD1.6bn) of G-bonds and G-backed bonds were issued in November. Of the total issuance in the primary market, the Vietnam State Treasury (VST) issued VND20tn (USD734.8mn) of G-bonds (or 54.2% of the total issuance) — a decline of 36.8% from October. After 10 months of absence, the Vietnam Bank of Social Policy (VBSP) and the Vietnam Development Bank (VDB) came back to the primary market to issue