Government Bond Auction Result on April 24th, 2024

24/04/2024

On April 24th, 2024, the State Treasury called for bidding a total of VND 12,000 billion of Government bonds, including 5-year bonds (VND 3,000 billion), 10-year (VND 4,000 billion), 15-year (VND 3,000 billion), and 20-year (VND 2,000 billion). The 5-year and 20-year bonds were sold out. The winning rates of 10-year and 15-year bonds were 6% and 12%, respectively. 

The winning interest rate for 5-year  tenors increased by 5 bps to 1.61% while the winning rate for 10-year remained unchanged at 2.5%. 

 

Bond code

Term (year)

Offering value (VND billion)

Registering value (VND billion)

Winning value (VND billion)

Winning yield (%/year)

TD2429008

5

3,000

3,200

3,000

1.61

TD2434021

10

4,000

1,687

236

2.5

TD2439030

15

3,000

860

360

2.68

TD2444038

20

2,000

2,100

2,000

2.8

 

Year to date, the State Treasury issued VND 102,975 billion of Government bonds across various tenors from 5 to 30 years, completing about 25.7% of the 2024 plan of VND 400,000 billion.

The winning value of 10 and 15-year bonds are the largest with VND 39,639 and VND 33,751 billion issued, respectively, accounting for about 71.3% of the total value since the beginning of 2024. 5-year bonds come in third with VND 23,750 billion.