Government Bond Auction Result on March 6th, 2024
07/03/2024
On March 6th, 2024, the State Treasury called for bidding a total of VND 11,500 billion of Government bonds, including 5-year bonds (VND 2,000 billion), 10-year (VND 5,250 billion), 15-year (VND 3,750 billion), and 30-year (VND 500 billion). While none of the 30-year bonds were sold, bonds at the other tenors were sold out.
The winning interest rate for 5-year, 10-year, and 15-year tenors increased by 2 bps to 1.44%, 2.33%, and 2.53%, respectively.
|
Bond code |
Term (year) |
Offering value (VND billion) |
Registering value (VND billion) |
Winning value (VND billion) |
Winning yield (%/year) |
|
TD2429007 |
5 |
2,000 |
3,550 |
2,000 |
1.44 |
|
TD2434020 |
10 |
5,250 |
11,101 |
3,500 |
2.33 |
|
TD2439029 |
15 |
3,750 |
5,850 |
2,500 |
2.53 |
|
TD2444043 |
30 |
500 |
500 |
0 |
|
Year to date, the State Treasury issued VND 55,679 billion of Government bonds across various tenors from 5 to 30 years, completing about 43.8% of the Q1.2024 plan of VND 127,000 billion.
The winning value of 10 and 15-year bonds are the largest with VND 22,828 and VND 17,716 billion issued, respectively, accounting for about 72.8% of the total value since the beginning of 2024. 5-year bonds come in third with VND 11,750 billion.