On August 16th, 2023, the State Treasury called for bidding a total of VND 5,000 billion of Government bonds, including 5-year bond (VND 500 billion), 10-year bond (VND 2,000 billion), 15-year (2,000 billion) and 30-year (500 billion). 10-year bond and 15-year bond' bidding tenors were sold out. Meanwhile, 5-year bond and 30-year bond successfully called for bidding of VND 470 billion and VND 213 billion, respectively. The total winning rate of August 16th was 93.7%, equivalent to VND 4,683 billion.

The winning interest rate for 10-year, 15-year and 30-year' tenors remained unchanged compared to their last auctions, at 2.36%, 2.59% and 3.05%, respectively. Meanwhile, the winning rate for 5-year tenors decreased 1bps (at 1.74%) compared to the previous one.

Year to date, the State Treasury issued VND 223,011 billion of Government bond across various tenors from 5 to 30 years, completing more than 55% this year’s plan of VND 400,000 billion.

Winning value of 10 and 15-year bond was largest with VND 87,197 and VND 102,053 billion issued, respectively, accounting for 84.8% of total value issued since the beginning of 2023. 5-year bond comes in third with VND 24,008 billion. 7-year bond comes last with VND 950 million. The State Treasury has plans to raise VND 30,000 billion from 3-year bond this year but so far has not offer this tenor for bidding.

During the week, there was no auction for Government - guaranteed bond.