Government Bond Auction Result on March 25 2026

25/03/2026

On March 25th, 2026, the State Treasury called for bidding a total of 13,500 on Government bonds, including 5-year (VND 1,000 billion), 10-year (VND 11,000 billion), 15-year (VND 1,000 billion) and 30-year bonds (VND 500 billion)

None of 15-year bonds and 20-year bonds were sold. The winning ratios of 5-year and 10-year were 8% and 44%. In addition, the winning interest rate for 5-year tenor rose by 1 bps while 10-year tenor winning interest rate remained unchanged at 4.11%.

Bond Code Term (year) Offering Value
(VND billion)
Registering Value
(VND billion)
Winning Value
(VND billion)
Winning Yield
(%/year)
TD2631008 5  1000   280   80  3.6
TD2636022 10  11000   5820   4870  4.11
TD2641037 15  1000   400   0  -
TD2656054 30 500 0 0 -

Year to date, the State Treasury issued approximately VND 80,101 billion of Government bonds across various tenors from 5 to 30 years, completing about 16% of the 2026 plan of VND 500,000 billion.

The winning value of 10-year and 15-year bonds are the largest with VND 78,511 and VND 950 billion issued, respectively, accounting for about 99.2% of the total value since the beginning of 2026. 5-year bonds come in third with VND 640 billion.