Government Bond Auction Result on March 13th, 2024
13/03/2024
On March 13th, 2024, the State Treasury called for bidding a total of VND 12,000 billion of Government bonds, including 5-year bonds (VND 3,000 billion), 10-year (VND 4,000 billion), 15-year (VND 4,000 billion), 20-year (VND 500 billion), and 30-year (VND 500 billion). While none of the 20-year and 30-year bonds were sold, bonds at the other tenors were sold out.
The winning interest rate for 5-year, 10-year, and 15-year tenors increased by 3 bps to 1.47%, 2.36%, and 2.56%, respectively.
Bond code |
Term (year) |
Offering value (VND billion) |
Registering value (VND billion) |
Winning value (VND billion) |
Winning yield (%/year) |
TD2429007 |
5 |
3,000 |
4,050 |
3,000 |
1.47 |
TD2434020 |
10 |
4,000 |
10,401 |
4,000 |
2.36 |
TD2439030 |
15 |
4,000 |
8,900 |
4,000 |
2.56 |
TD2444038 |
20 |
500 |
100 |
0 |
|
TD2444043 |
30 |
500 |
100 |
0 |
|
Year to date, the State Treasury issued VND 66,679 billion of Government bonds across various tenors from 5 to 30 years, completing about 52.5% of the Q1.2024 plan of VND 127,000 billion.
The winning value of 10 and 15-year bonds are the largest with VND 26,828 and VND 21,716 billion issued, respectively, accounting for about 72.8% of the total value since the beginning of 2024. 5-year bonds come in third with VND 14,750 billion.