On August 23rd, 2023, the State Treasury called for bidding a total of VND 5,000 billion of Government bonds, including 5-year bond (VND 500 billion), 10-year bond (VND 2,000 billion), 15-year (VND 2,000 billion) and 20-year (VND 500 billion). 5-year,10-year and 15-year bonds were sold out. The total winning rate of August 23rd was 90%, equivalent to VND 4,500 billion.

The winning interest rate for 10-year, and 15-year' tenors remained unchanged compared to their last auctions, at 2.36%, and 2.59%, respectively. Meanwhile, the winning rate for 5-year tenors decreased by 2bps (at 1.72%) compared to the previous one.

Year to date, the State Treasury issued VND 227,511 billion of Government bond across various tenors from 5 to 30 years, completing about 57% this year’s plan of VND 400,000 billion.

Winning value of 10 and 15-year bond are the largest with VND 89,197 and VND 104,053 billion issued, respectively, accounting for about 85% of total value issued since the beginning of 2023. 5-year bond comes in third with VND 24,508 billion. The State Treasury has plans to raise VND 30,000 billion from 3-year bond this year but so far has not offer this tenor for bidding.

During the week, there was no auction for Government - guaranteed bond.