On July 26th, 2023, the State Treasury called for bidding a total of VND 6,000 billion of Government bonds, including 5-year bond (VND 500 billion), 10-year bond (VND 2,000 billion), 15-year (3,000 billion) and 20-year (500 billion).

Winning value of 5-year tenor and 10-year tenor was VND 10 billion and VND 1,348 billion, respectively. Besides, all other bidding tenors were sold out. The total winning value of July 26 was 81%, equivalent to VND 6,000 billion.

The winning interest rate for all tenors decreased compared to the previous one, specifically, the winning rate for 5-year bond was 1.8% (down 20bps); 10-year bond was 2.4% (down 5bps); 15-year bond was 2.6% (down 10bps) and 20-year bond was 2.75% (down 20bps). 

Year to date, the State Treasury issued VND 208,729 billion of Government bond across various tenors from 5 to 30 years, completing about 52% this year’s plan of VND 400,000 billion.

Winning value of 10 and 15-year bond was largest with VND 81,697 and VND 95,553 billion issued, respectively, accounting for 84.9% of total value issued since the beginning of 2023. 5-year bond comes in third with VND 22,788 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.

On July 25th, 2023, the Vietnam Bank for Social Policies called for auction a total of VND 2,000 billion of Government Guaranteed Bond at tenors of 10 years (VND 1,000 billion) and 15 years (VND 1,000 billion). All the bidding tenors were sold out. The winning rate for all tenors remained unchanged compared to the previous one.