Government Bond Auction Result on April 17th, 2024

17/04/2024

On April 17th, 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 4,500 billion), 15-year (VND 3,500 billion), and 30-year (VND 1,000 billion). The winning rates of 5-year, 10-year and 30-year bonds were  67%, 22% and 5%, respectively. Meanwhile, none of the 15-year bonds were sold

The winning interest rate for 5-year and 10-year tenors increased by 3 bps and 2 bps to 1.56% and 2.5%, respectively. 

Bond code

Term (year)

Offering value (VND billion)

Bidding value (VND billion)

Winning value (VND billion)

Winning yield      (%/year)

TD2429008

5

3,000

2,200

2,000

1.56

TD2434021

10

4,500

2,717

980

2.5

TD2439030

15

3,500

550

0

-

TD2454043

30

1,000

636

50

3

Year to date, the State Treasury issued VND 97,379 billion of Government bonds across various tenors from 5 to 30 years, completing about 24.3% of the 2024 plan of VND 400,000 billion.

The winning value of 10 and 15-year bonds are the largest with VND 39,403 and VND 33,391 billion issued, respectively, accounting for about 74.8% of the total value since the beginning of 2024. 5-year bonds come in third with VND 20,750 billion.