Government Bond Auction Result on May 15th, 2024
15/05/2024
On May 15th, 2024, the State Treasury called for bidding a total of VND 10,000 billion on Government bonds, including 5-year bonds (VND 2,000 billion), 7-year (VND 500 billion), 10-year (VND 3,000 billion), 15-year (VND 3,000 billion), 20-year (VND 500 billion) and 30-year (VND 1,000 billion). The winning rates of 10-year, 15-year, and 20-year bonds were 87%, 25%, and 80%, respectively. While 5-year and 30-year bonds were sold out, none of 7-year bonds were sold.
The winning interest rate for 5-year, 10-year, 15-year, and 20-year tenors increased by 3 bps to 1.72%, 2.61%, 2.78%, and 2.83, respectively.
|
Bond code |
Term (year) |
Offering value (VND billion) |
Registering value (VND billion) |
Winning value (VND billion) |
Winning yield (%/year) |
|
TD2429008 |
5 |
2,000 |
2,200 |
2,000 |
1.72 |
|
TD2431013 |
7 |
500 |
200 |
- |
|
|
TD2434021 |
10 |
3,000 |
3,951 |
2,600 |
2.61 |
|
TD2439031 |
15 |
3,000 |
1,205 |
755 |
2.78 |
|
TD2444038 |
20 |
500 |
500 |
400 |
2.86 |
|
TD2454043 |
30 |
1,000 |
1,100 |
1,000 |
3.03 |
Year to date, the State Treasury issued VND 120,790 billion of Government bonds across various tenors from 5 to 30 years, completing about 30.2% of the 2024 plan of VND 400,000 billion.
The winning value of 10 and 15-year bonds are the largest with VND 46,099 and VND 36,306 billion issued, respectively, accounting for about 68.2% of the total value since the beginning of 2024. 5-year bonds come in third with VND 30,750 billion.
Regarding the second quarter, VND 40,561 billion of Government bonds was issued, equivalent to 33.8% of the Q2 plan.