On November 29th, 2023, the State Treasury called for bidding a total of VND 6,000 billion of Government bonds, including 5-year bonds (VND 1,000 billion), 10-year (VND 2,000 billion), 15-year (VND 2,000), and 30-year (VND 1,000 billion). 10-year, 15-year, and 30-year bonds were sold out. The winning value of 5-year bonds was VND 550 billion.

The winning interest rate for both 10-year and 15-year tenors decreased by 9 bps and 11 bps to 2.28% and 2.48%, respectively. Meanwhile, the winning interest rate for 30-year tenors remained unchanged at 3.05%.

Year to date, the State Treasury issued VND 284,006 billion of Government bonds across various tenors from 5 to 30 years, completing about 71% of this year’s plan of VND 400,000 billion.

The winning value of 10 and 15-year bonds are the largest with VND 112,447 and VND 126,803 billion issued, respectively, accounting for 84.2% of the total value issued since the beginning of 2023. 5-year bond comes in third with VND 31,293 billion. The State Treasury has plans to raise VND 30,000 billion from 3-year bonds this year but so far has not offered this tenor for bidding.