Government Bond Auction Result on March 26th, 2025
26/03/2025
On March 26th, 2025, the State Treasury called for bidding a total of VND13,000 billion on Government bonds, including 5-year (VND 500 billion), 10-year (VND 11,500 billion), 15-year (VND 500 billion) and 30-year bonds (VND 500 billion).
10-year bonds were sold out. The winning ratios of 5-year, 15-year and 30-year were 20%, 50% and 24%, respectively.
In addition, the winning interest rate for 5-year and 10-year tenor stayed unchanged compared to the previous week. Meanwhile, the winning interest rate of 15-year tenor rose by 5 bps to 3.05%.
| Bond Code | Term (year) | Offering Value (VND billion) |
Registering Value (VND billion) |
Winning Value (VND billion) |
Winning Yield (%/year) |
| TD2530008 | 5 | 500 | 200 | 100 | 2.15 |
| TD2535026 | 10 | 11,500 | 13,850 | 11,500 | 2.96 |
| TD2540037 | 15 | 500 | 550 | 250 | 3.05 |
| TD2555052 | 30 | 500 | 121 | 121 | 3.28 |
Year to date, the State Treasury issued approximately VND 110,440 billion of Government bonds across various tenors from 5 to 30 years, completing about 22% of the 2025 plan of VND 500,000 billion.
The winning value of 10-year and 5-year bonds are the largest with VND 101,399 and VND 4,200 billion issued, respectively, accounting for about 95.6% of the total value since the beginning of 2025. 15-year bonds come in third with VND 3,040 billion.
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