Government Bond Auction Result on January 22, 2025
22/01/2025
On January 22nd, 2025, the State Treasury called for bidding a total of 12,000 on Government bonds, including 5-year (VND 500 billion), 10-year (VND 7,500 billion), 15-year (VND 3,000 billion) and 20-year bonds (VND 500 billion)
While none of the 5-year bonds were sold, the 20-year bonds were sold out. The winning ratios of 10-year, 15-year and 30-year bonds were 88%, 51% and 5%, respectively.
In addition, while the winning interest rate for 10-year tenor increased by 4 bps to 2.83%, 15-year and 30-year tenor winning interest rate remained unchanged at 2.98% and 3.25%, respectively.
| Bond Code | Term (year) | Offering Value (VND billion) |
Registering Value (VND billion) |
Winning Value (VND billion) |
Winning Yield (%/year) |
| TD2530008 | 5 | 500 | 100 | - | - |
| TD2535021 | 10 | 7,500 | 7,700 | 6,600 | 2.83 |
| TD2540037 | 15 | 3,000 | 2,570 | 1,520 | 2.98 |
| TD2545046 | 20 | 500 | 500 | 500 | 3.05 |
| TD2555052 | 30 | 500 | 25 | 25 | 3.25 |
Year to date, the State Treasury issued approximately VND 15,982 billion of Government bonds across various tenors from 5 to 30 years, completing about 3.2% of the 2025 plan of VND 500,000 billion.
The winning value of 10-year and 15-year bonds are the largest with VND 12,816 and VND 2,360 billion issued, respectively, accounting for about 95% of the total value since the beginning of 2025.