Government Bond Auction Result on January 17th, 2024

17/01/2024

On January 17th, 2024, the State Treasury called for bidding a total of VND 8,250 billion of Government bonds, including 5-year bonds (VND 1,500 billion), 10-year (VND 3,000 billion), 15-year (VND 3,000 billion), and 30-year (VND 750 billion). The winning value of 5-year, 10-year, 15-year, and 30-year bonds was VND 1,016 billion, VND 786 billion, VND 967 billion, and VND 550 billion. 

The winning interest rate for both 10-year and 15-year tenors increased by 5 bps to 2.2% and 2.4%, respectively. Meanwhile, the winning rate for 5-year bonds decreased by 11 bps to 1.39%.

Bond code

Term (year)

Offering value

(VND billion)

Registering value (VND billion)

Winning value

(VND billion)

Winning yield

(%/year)

TD2434019

10

3,000

3,487

786

2.20

TD2429007

5

1,500

3,782

1,016

1.39

TD2454043

30

750

1,800

550

2.85

TD2439029

15

3,000

3,617

967

2.40

 

Year to date, the State Treasury issued VND 9,258 billion of Government bonds across various tenors from 5 to 30 years, completing about 7.29% of the Q1.2024 plan of VND 127,000 billion.

The winning value of 10 and 15-year bonds are the largest with VND 3,786 and VND 3,156 billion issued, respectively, accounting for about 75% of the total value issued since the beginning of 2024. 5-year bonds come in third with VND 1,766 billion.