Government Bond Auction Result on March 12th, 2025
12/03/2025
On March 12th, 2025, the State Treasury called for bidding a total of 15,000 on Government bonds, including 10-year (VND 13,000 billion), 15-year (VND 1,000 billion), 20-year (VND 500 billion) and 30-year bonds (VND 500 billion). Later, the State Treasury called for bidding an additional VND 6,000 billion worth of 10-year Government bonds.
None of 20-year bonds were sold and the winning ratios of 10-year, 15-year and 30-year bonds were 78%, 2% and 41%, respectively.
In addition, the winning interest rate for 10-year tenor declined by 1 bps to 2.96%.
| Bond Code | Term (year) | Offering Value (VND billion) |
Registering Value (VND billion) |
Winning Value (VND billion) |
Winning Yield (%/year) |
| TD2535024 | 10 | 19,000 | 28,800 | 14,900 | 2.96 |
| TD2540037 | 15 | 1,000 | 420 | 20 | 3 |
| TD2545046 | 20 | 500 | - | - | - |
| TD2555052 | 30 | 500 | 205 | 205 | 3.28 |
Year to date, the State Treasury issued VND 78,236 billion of Government bonds across various tenors from 5 to 30 years, completing about 16% of the plan 2025 of VND 500,000 billion.
The winning value of 10-year and 15-year bonds are the largest with VND 73,776 billion và VND 2,680 billion issued, respectively, accounting for about 97.7% of the total value since the beginning of 2025. 30-year bonds come in third with VND 1,180 billion.
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