On August 2nd, 2023, the State Treasury called for bidding a total of VND 5,000 billion of Government bonds, including 5-year bond (VND 500 billion), 10-year bond (VND 1,500 billion), 15-year (2,500 billion) and 30-year (500 billion). All bidding tenors were sold out. The total winning value of August 2nd was 100%, equivalent to VND 5,000 billion.

The winning interest rate for 5-year and 15-year tenors remained unchanged compared to its latest one, at 1.8% and 2.6%, respectively. Meanwhile, the winning rate for 10-year and 30-year tenors decreased compared to the previous one, down 3bps (at 2.37%) and down 5bps (at 3.05%), respectively.

Year to date, the State Treasury issued VND 213,729 billion of Government bond across various tenors from 5 to 30 years, completing about 53% this year’s plan of VND 400,000 billion.

Winning value of 10 and 15-year bond was largest with VND 83,197 and VND 98,053 billion issued, respectively, accounting for 84.8% of total value issued since the beginning of 2023. 5-year bond comes in third with VND 23,288 billion. The State Treasury has plans to raise VND 30,000 billion from 3-year bond this year but so far has not offer this tenor for bidding.

During the week, there was no auction for Government - guaranteed bond.