On November 22nd, 2023, the State Treasury called for bidding a total of VND 4,000 billion of Government bonds, including 10-year bonds (VND 1,500 billion), 15-year (VND 1,500 billion), and 30-year (VND 1,000 billion). All these bonds were sold out.

The winning interest rate for both 10-year and 15-year tenors decreased by 10 bps and 11 bps to 2.37% and 2.59%, respectively. 

Year to date, the State Treasury issued VND 278,456 billion of Government bonds across various tenors from 5 to 30 years, completing about 68.61% of this year’s plan of VND 400,000 billion.

The winning value of 10 and 15-year bonds are the largest with VND 110,447 and VND 124,803 billion issued, respectively, accounting for 84.5% of the total value issued since the beginning of 2023. 5-year bond comes in third with VND 30,743 billion. The State Treasury has plans to raise VND 30,000 billion from 3-year bonds this year but so far has not offered this tenor for bidding.

On November 20th, 2023, the Vietnam Bank for Social Policies called for an auction with a total of VND 4,000 billion of Government Guaranteed Bond at tenors of 10 years (VND 2,000 billion), and 15 years (VND 2,000 billion). The winning value of 10-year and 15-year bonds was VND 1,200 billion and VND 1,600 billion, respectively.