Government Bond Auction Result on August 7th, 2024
07/08/2024
On August 7th, 2024, the State Treasury called for bidding a total of VND 12,500 billion on Government bonds, including 5-year (VND 1,500 billion), 10-year (VND 6,000 billion), 15-year (VND 4,500 billion) and 20-year bonds (VND 500 billion). None of the 20-year bonds were sold and the winning rates of 5-year, 10-year and 15-year bonds were 35%, 99% and 88%, respectively.
In addition, while the 5-year tenors winning interest rate increased by 1 bps, the winning interest rate for 10-year tenors declined by 5 bps to 2.71%.
Bond code |
Term (year) |
Offering value (VND billion) |
Registering value (VND billion) |
Winning value (VND billion) |
Winning yield (%/year) |
TD2429010 |
5 |
1,500 |
2,520 |
520 |
1.95 |
TD2434024 |
10 |
6,000 |
9,301 |
5,950 |
2.71 |
TD2439031 |
15 |
4,500 |
8,453 |
3,953 |
2.90 |
TD2444039 |
20 |
500 |
200 |
0 |
- |
Year to date, the State Treasury issued VND 203,437 billion of Government bonds across various tenors from 5 to 30 years, completing about 50.9% of the 2024 plan of VND 400,000 billion.
The winning value of 10-year and 15-year bonds are the largest with VND 110,281 and VND 45,609 billion issued, respectively, accounting for about 76.6% of the total value since the beginning of 2024. 5-year bonds come in third with VND 37,270 billion.
During third quarter, VND 46,935 billion of Government bonds was issued, equivalent to 31.3% of the Q3 plan.