Government Bond Auction Result on September 17th, 2025
17/09/2025
On September 17th, 2025, the State Treasury called for bidding a total of 13,500 on Government bonds, including 5-year (VND 1,000 billion), 10-year (VND 9,000 billion), 15-year (VND 3,000 billion) and 30-year bonds (VND 500 billion).
5-year bonds were sold out while none of 15-year bonds were sold. The winning ratios of 10-year and 30-year bonds were 69% and 5%.
In addition, the winning interest rate for 5-year and 10-year bonds rose by 4bps and 5 bps compared to the previous week, respectively.
| Bond Code | Term (year) | Offering Value (VND billion) |
Registering Value (VND billion) |
Winning Value (VND billion) |
Winning Yield (%/year) |
| TD2530010 | 5 | 1,000 | 1,350 | 1,000 | 3 |
| TD2535028 | 10 | 9,000 | 7,400 | 6,200 | 3.55 |
| TD2540037 | 15 | 3,000 | 400 | 0 | - |
| TD2555052 | 30 | 500 | 25 | 25 | 3.6 |
Year to date, the State Treasury issued approximately VND 249,914 billion of Government bonds across various tenors from 5 to 30 years, completing about 50.% of the 2025 plan of VND 500,000 billion.
The winning value of 10-year and 5-year bonds are the largest with VND 209,572 and VND 25,750 billion issued, respectively, accounting for about 94.2% of the total value since the beginning of 2025. 15-year bonds come in third with VND 11,150 billion.
So far in the third quarter, VND 48,524 billion of Government bonds was issued, equivalent to 40.4% of the Q3 plan.