Government Bond Auction Result on May 22nd, 2024
22/05/2024
On May 22nd, 2024, the State Treasury called for bidding a total of VND 9,500 billion on Government bonds, including 5-year bonds (VND 3,000 billion), 10-year (VND 3,000 billion), 15-year (VND 2,000 billion), 20-year (VND 500 billion) and 30-year (VND 1,000 billion). While none of the 20-year bonds were sold, the winning rates of 5-year, 10-year, 15-year bonds and 30-year bonds were 67%, 73%, 10% and 79%, respectively.
The winning interest rate for 5-year and 30-year tenors increased by 3 bps to 1.75% and 3.06%, respectively. Additionally, 10-year and 15-year tenors winning interest rate rose by 5 bps to 2.66% and 2.83%, respectively.
|
Bond code |
Term (year) |
Offering value (VND billion) |
Registering value (VND billion) |
Winning value (VND billion) |
Winning yield (%/year) |
|
TD2429008 |
5 |
3,000 |
2,200 |
2,000 |
1.75 |
|
TD2434021 |
10 |
3,000 |
3,751 |
2,200 |
2.66 |
|
TD2439031 |
15 |
2,000 |
950 |
200 |
2.83 |
|
TD2444038 |
20 |
500 |
100 |
- |
- |
|
TD2454043 |
30 |
1,000 |
891 |
791 |
3.06 |
Year to date, the State Treasury issued VND 125,981 billion of Government bonds across various tenors from 5 to 30 years, completing about 31.5% of the 2024 plan of VND 400,000 billion.
The winning value of 10 and 15-year bonds are the largest with VND 48,299 and VND 36,506 billion issued, respectively, accounting for about 67.3% of the total value since the beginning of 2024. 5-year bonds come in third with VND 32,750 billion.
Regarding the second quarter, VND 45,752 billion of Government bonds was issued, equivalent to 38.1% of the Q2 plan.