Government Bond Auction Result on May 08th, 2024
08/05/2024
On May 08th, 2024, the State Treasury called for bidding a total of VND 10,000 billion of Government bonds, including 5-year bonds (VND 3,000 billion), 10-year (VND 3,000 billion), 15-year (VND 3,000 billion), and 20-year (VND 1,000 billion). The winning rates of 5-year, 10-year, 15-year and 20-year bonds were 67%, 93%, 27% and 40%, respectively.
The winning interest rate for 5-year and 10-year tenors increased by 3 bps to 1.69% and 2.58%, respectively, while the winning interest rate for 15-year tenors rose by 2 bps to 2.75%.
|
Bond code |
Term (year) |
Offering value (VND billion) |
Registering value (VND billion) |
Winning value (VND billion) |
Winning yield (%/year) |
|
TD2429008 |
5 |
3,000 |
2,200 |
2,000 |
1.69 |
|
TD2434021 |
10 |
3,000 |
4,001 |
2,800 |
2.58 |
|
TD2439031 |
15 |
3,000 |
1,000 |
800 |
2.75 |
|
TD2444038 |
20 |
1,000 |
1,026 |
400 |
2.83 |
Year to date, the State Treasury issued VND 114,035 billion of Government bonds across various tenors from 5 to 30 years, completing about 28.5% of the 2024 plan of VND 400,000 billion.
The winning value of 10 and 15-year bonds are the largest with VND 43,499 and VND 35,551 billion issued, respectively, accounting for about 69.3% of the total value since the beginning of 2024. 5-year bonds come in third with VND 28,750 billion.
Regarding the second quarter, VND 33,806 billion of Government bonds was issued, equivalent to 28.2% of the Q2 plan.