Government Bond Auction Result on May 29th, 2024
30/05/2024
On May 29th, 2024, the State Treasury called for bidding a total of VND 9,000 billion on Government bonds, including 5-year bonds (VND 2,500 billion), 7-year (VND 500 billion), 10-year (VND 3,000 billion), 15-year (VND 2,000 billion) and 30-year (VND 1,000 billion). While none of the 7-year, 10-year and 15-year bonds were sold, the winning rates of 5-year and 30-year bonds were 40% and 5%, respectively.
The winning interest rate for 5-year tenors increased by 5 bps to 1.8% while 30-year tenors winning interest rate rose by 4 bps to 3.1%.
|
Bond code |
Term (year) |
Offering value (VND billion) |
Registering value (VND billion) |
Winning value (VND billion) |
Winning yield (%/year) |
|
TD2429008 |
5 |
2,500 |
1,100 |
1,000 |
1.8 |
|
TD2431013 |
7 |
500 |
200 |
- |
- |
|
TD2434021 |
10 |
3,000 |
3,351 |
- |
- |
|
TD2439031 |
15 |
2,000 |
1,000 |
- |
- |
|
TD2454043 |
30 |
1,000 |
50 |
50 |
3.1 |
Year to date, the State Treasury issued VND 127,031 billion of Government bonds across various tenors from 5 to 30 years, completing about 31.8% of the 2024 plan of VND 400,000 billion.
The winning value of 10 and 15-year bonds are the largest with VND 48,299 and VND 36,506 billion issued, respectively, accounting for about 66.8% of the total value since the beginning of 2024. 5-year bonds come in third with VND 33,750 billion.
Since early April, VND 46,802 billion of Government bonds was issued, equivalent to 39% of the Q2 plan.