Government Bond Auction Result on July 10th, 2024

10/07/2024

On July 10th, 2024, the State Treasury called for bidding a total of VND 12,000 billion on Government bonds, including 5-year (VND 500 billion), 10-year (VND 10,000 billion), 15-year (VND 1,000 billion) and 30-year bonds (VND 500 billion). While none of the 5-year and 30-year bonds were sold, the winning rates of 10-year and 15-year bonds were 54% and 70%, respectively. 

In addition, the winning interest rate for 10-year tenors remained unchanged at 2.74%.

Bond code

Term (year)

Offering value (VND billion)

Registering value (VND billion)

Winning value (VND billion)

Winning yield (%/year)

TD2429010

            5

              500

                    1,000

                        0

 -

TD2434023

          10

                 10,000

                     7,256

                     5,405

                          2.74

TD2439031

          15

                 1,000

                     1,800

                      700

 2.95

TD2454046

          30

                     500

                        100

                           0

                          -

Year to date, the State Treasury issued VND 174,094 billion of Government bonds across various tenors from 5 to 30 years, completing about 43.5% of the 2024 plan of VND 400,000 billion.

The winning value of 10-year and 15-year bonds are the largest with VND 91,281 and VND 38,906 billion issued, respectively, accounting for about 74.8% of the total value since the beginning of 2024. 5-year bonds come in third with VND 35,250 billion.

During third quarter, VND 17,592 billion of Government bonds was issued, equivalent to 10.1% of the 2024 total value.