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.