Government Bond Auction Result on February 12, 2025
12/02/2025
On February 12th, 2025, the State Treasury called for bidding a total of 12,000 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 & 15-year bonds were sold, the 10-year bonds were sold out. The winning ratio of 30-year bonds was 7%.
In addition, the winning interest rate for 10-year tenor increased by 6 bps to 2.94%. The winning interest rate for 30-year tenor remained unchanged at 3.25%.
| Bond Code | Term (year) | Offering Value (VND billion) |
Registering Value (VND billion) |
Winning Value (VND billion) |
Winning Yield (%/year) |
| TD2429008 | 5 | 500 | 100 | - | - |
| TD2535022 | 10 | 10,000 | 11,800 | 10,000 | 2.94 |
| TD2540037 | 15 | 1,000 | 400 | - | - |
| TD2555052 | 30 | 500 | 36 | 36 | 3.25 |
Year to date, the State Treasury issued approximately VND 34,818 billion of Government bonds across various tenors from 5 to 30 years, completing about 7% of the 2025 plan of VND 500,000 billion.
The winning value of 10-year and 15-year bonds are the largest with VND 30,816 and VND 2,660 billion issued, respectively, accounting for about 96.1% of the total value since the beginning of 2025. 30-year bonds come in third with VND 742 billion.