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 

 -

 

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.