On November 8th, 2023, the State Treasury called for bidding a total of VND 3,500 billion of Government bonds, including 5-year bond (VND 500 billion), 10-year bond (VND 1,000 billion), 15-year (VND 1,500 billion) and 20-year (VND 500 billion). While 10-year and 15-year bonds were sold out, 5-year and 20-year bonds had no winning value. 

The winning interest rate for both 10-year and 15-year tenors increased by 2 bps compared to their last auctions to 2.47% and 2.7%, respectively. 

Year to date, the State Treasury issued VND 270,706 billion of Government bonds across various tenors from 5 to 30 years, completing about 67.68% of this year’s plan of VND 400,000 billion.

The winning value of 10 and 15-year bonds are the largest with VND 107,447 and VND 121,803 billion issued, respectively, accounting for 84.7% of the total value issued since the beginning of 2023. 5-year bond comes in third with VND 30,743 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.