Government Bond Auction Result on March 20th, 2024
20/03/2024
On March 20th, 2024, the State Treasury called for bidding a total of VND 13,500 billion of Government bonds, including 5-year bonds (VND 3,000 billion), 10-year (VND 5,000 billion), 15-year (VND 5,000 billion), and 30-year (VND 500 billion). The winning rates of 10-year and 15-year bonds were 61.9% and 60%, respectively. Meanwhile, none of the 5-year and 30-year bonds were sold
The winning interest rate for 10-year and 15-year tenors increased by 3 bps to 2.39% and 2.59%, respectively.
Bond code |
Term (year) |
Offering value (VND billion) |
Registering value (VND billion) |
Winning value (VND billion) |
Winning yield (%/year) |
TD2429007 |
5 |
3,000 |
1,000 |
0 |
- |
TD2434020 |
10 |
5,000 |
4,496 |
3,095 |
2.39 |
TD2439030 |
15 |
5,000 |
3,500 |
3,000 |
2.59 |
TD2444043 |
30 |
500 |
100 |
0 |
- |
Year to date, the State Treasury issued VND 72,774 billion of Government bonds across various tenors from 5 to 30 years, completing about 57.3% of the Q1.2024 plan of VND 127,000 billion.
The winning value of 10 and 15-year bonds are the largest with VND 29,923 and VND 24,716 billion issued, respectively, accounting for about 75.1% of the total value since the beginning of 2024. 5-year bonds come in third with VND 14,750 billion.