Government Bond Auction Result on March 27th, 2024
28/03/2024
On March 27th, 2024, the State Treasury called for bidding a total of VND 13,000 billion of Government bonds, including 5-year bonds (VND 1,000 billion), 7-year (VND 2,000 billion), 10-year (VND 5,000 billion), 15-year (VND 4,500 billion), and 20-year (VND 500 billion). The winning rates of 7-year, 10-year, and 15-year bonds were 20%, 70% and 79%, respectively. Meanwhile, none of the 5-year and 20-year bonds were sold
The winning interest rate for 10-year and 15-year tenors increased by 3 bps to 2.42% and 2.62%, respectively.
|
Bond code |
Term (year) |
Offering value (VND billion) |
Registering value (VND billion) |
Winning value (VND billion) |
Winning yield (%/year) |
|
TD2429007 |
5 |
1,000 |
500 |
0 |
- |
|
TD2431013 |
7 |
2,000 |
900 |
400 |
2.02 |
|
TD2434020 |
10 |
5,000 |
5,051 |
3,500 |
2.42 |
|
TD2439030 |
15 |
4,500 |
4,155 |
3,555 |
2.62 |
|
TD2444038 |
20 |
500 |
100 |
0 |
- |
Year to date, the State Treasury issued VND 80,229 billion of Government bonds across various tenors from 5 to 30 years, completing about 63.2% of the Q1.2024 plan of VND 127,000 billion.
The winning value of 10 and 15-year bonds are the largest with VND 33,423 and VND 28,271 billion issued, respectively, accounting for about 76.9% of the total value since the beginning of 2024. 5-year bonds come in third with VND 14,750 billion.