On April 23rd, 2025, the State Treasury called for bidding a total of 12,500 on Government bonds, including 5-year (VND 2,000 billion), 10-year (VND 9,000 billion), 15-year (VND 1,000 billion), and 30-year bonds (VND 500 billion).

While 5-year and 15-year bonds were sold out, the winning ratios of 10-year and 30-year bonds were 59% and 10%, respectively.

In addition, the winning interest rate for 5-year, 10-year and 30-year tenor rose compared to the previous week by 6bps, 3bps, and 1bps, respectively. Meanwhile, the 30-year tenor remained unchanged at 3.28% 

Year to date, the State Treasury issued approximately VND 142,782 billion of Government bonds across various tenors from 5 to 30 years, completing about 28.6% of the 2025 plan of VND 500,000 billion.

The winning value of 10-year and 5-year bonds are the largest with VND 127,014 and VND 9,200 billion issued, respectively, accounting for about 95.4% of the total value since the beginning of 2025. 15-year bonds come in third with VND 4,640 billion.

So far in the second quarter, VND 32,342 billion of Government bonds was issued, equivalent to 27% of the Q2 plan.