Government Bond Auction Result on December 06th, 2023

06/12/2023

On December 06th, 2023, the State Treasury called for bidding a total of VND 5,000 billion of Government bonds, including 5-year bonds (VND 500 billion), 10-year (VND 2,000 billion), 15-year (VND 2,000 billion), and 30-year (VND 500 billion). The winning value of 5-year, 10-year, and 15-year bonds was VND 200 billion, VND 1,500 billion, and VND 1,500 billion, respectively. Meanwhile, 30-year bonds were not sold out.

The winning interest rate for both 10-year and 15-year tenors decreased by 3 bps to 2.25% and 2.45%, respectively. Besides, the winning interest rate for 5-year tenors declined by 2 bps to 1.58%.

Year to date, the State Treasury issued VND 287,206 billion of Government bonds across various tenors from 5 to 30 years, completing about 71.8% of this year’s plan of VND 400,000 billion.

The winning value of 10 and 15-year bonds are the largest with VND 113,947 and VND 128,303 billion issued, respectively, accounting for 84.3% of the total value issued since the beginning of 2023. 5-year bond comes in third with VND 31,493 billion. The State Treasury has plans to raise VND 30,000 billion from 3-year bonds this year but so far has not offered this tenor for bidding.

On December 04th, 2023, the Vietnam Bank for Social Policies called for an auction with a total of VND 3,931 billion of Government Guaranteed Bond at a 15-year tenor. The winning value of 15-year bonds was VND 3,101 billion. In addition, Khanh Hoa Provincial People's Committee also called for bidding with a total of VND 500 billion of 10-year municipal bonds; however, no one participated in the auction.