Government Bond Auction Result on February 28th, 2024
28/02/2024
On February 28th, 2024, the State Treasury called for bidding a total of VND 10,750 billion of Government bonds, including 5-year bonds (VND 2,000 billion), 10-year (VND 4,500 billion), 15-year (VND 3,750 billion), and 20-year (VND 500 billion). While none of the 20-year bonds were sold, bonds at the other tenors were sold out.
The winning interest rate for 5-year, 10-year, and 15-year tenors increased by 1 bps to 1.42%, 2.31%, and 2.51%, respectively.
|
Bond code |
Term (year) |
Offering value (VND billion) |
Registering value (VND billion) |
Winning value (VND billion) |
Winning yield (%/year) |
|
TD2429007 |
5 |
2,000 |
3,250 |
2,000 |
1.42 |
|
TD2434019 |
10 |
4,500 |
14,274 |
4,500 |
2.31 |
|
TD2439029 |
15 |
3,750 |
7,565 |
3,750 |
2.51 |
|
TD2444038 |
20 |
500 |
100 |
0 |
Year to date, the State Treasury issued VND 47,679 billion of Government bonds across various tenors from 5 to 30 years, completing about 37.5% of the Q1.2024 plan of VND 127,000 billion.
The winning value of 10 and 15-year bonds are the largest with VND 19,328 and VND 15,216 billion issued, respectively, accounting for about 72.5% of the total value since the beginning of 2024. 5-year bonds come in third with VND 9,750 billion.