Government Bond Auction Result on January 31st, 2024

31/01/2024

On January 31st, 2024, the State Treasury called for bidding a total of VND 10,000 billion of Government bonds, including 5-year bonds (VND 3,500 billion), 10-year (VND 3,000 billion), 15-year (VND 3,000 billion), and 30-year (VND 500 billion). The winning rate of 5-year, 10-year, 15-year, and 30-year bonds was 10%, 51%, 32% and 33%, respectively. 

The winning interest rate for 5-year tenors increased by 2 bps to 1.39%. The winning rate for both 10-year and 15-year tenors gained by 5 bps to 2.28% and 2.48%, respectively. Besides, the winning rate for 30-year bonds remained unchanged at 2.85%.

Bond code

Term (year)

Offering value (VND billion)

Registering value (VND billion)

Winning value (VND billion)

Winning yield (%/year)

TD2429007

5

3,500

3,050

350

1.39

TD2434019

10

3,000

7,493

1,542

2.28

TD2439029

15

3,000

4,200

950

2.48

TD2454043

30

500

1,165

165

2.85

 

Year to date, the State Treasury issued VND 19,509 billion of Government bonds across various tenors from 5 to 30 years, completing about 15.4% of the Q1.2024 plan of VND 127,000 billion.

The winning value of 10 and 15-year bonds are the largest with VND 7,328 and VND 5,216 billion issued, respectively, accounting for about 64.3% of the total value since the beginning of 2024. 5-year bonds come in third with VND 3,750 billion.