Government Bond Auction Result on May 14, 2025
15/05/2025
On May 14th, 2025, the State Treasury called for bidding a total of 10,500 on Government bonds, including 5-year (VND 2,000 billion), 10-year (VND 7,000 billion), 15-year (VND 1,000 billion), and 20-year bonds (VND 500 billion).
The winning ratios of 10-year bonds were 66%, while no bonds of other tenors were sold. In addition, the winning interest rate for 10-year bonds rose compared to the previous week by 1 bps to 3.06%.
| Bond Code | Term (year) | Offering Value (VND billion) |
Registering Value (VND billion) |
Winning Value (VND billion) |
Winning Yield (%/year) |
| TD2530009 | 5 | 2,000 | 600 | 0 | - |
| TD2535022 | 10 | 7,000 | 6,080 | 4,630 | 3.06 |
| TD2540037 | 15 | 1,000 | 400 | 0 | - |
| TD2545046 | 20 | 500 | 0 | 0 | - |
Year to date, the State Treasury issued approximately VND 158,780 billion of Government bonds across various tenors from 5 to 30 years, completing about 31.8% of the 2025 plan of VND 500,000 billion.
The winning value of 10-year and 5-year bonds are the largest with VND 136,869 and VND 15,200 billion issued, respectively, accounting for about 95.8% of the total value since the beginning of 2025. 15-year bonds come in third with VND 4,735 billion.
So far in the second quarter, VND 48,340 billion of Government bonds was issued, equivalent to 40.3% of the Q2 plan.
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