Government Bond Auction Result on July 31st, 2024
31/07/2024
On July 31st, 2024, the State Treasury called for bidding a total of VND 11,500 billion on Government bonds, including 5-year (VND 1,000 billion), 10-year (VND 7,000 billion), 15-year (VND 3,000 billion) and 30-year bonds (VND 500 billion). While none of the 15-year bonds were sold, 5-year bonds were sold out. The winning rates of 10-year and 30-year bonds were 56% and 14%, respectively.
In addition, while the 5-year tenors winning interest rate increased by 4 bps, the winning interest rate for 10-year tenors remained unchanged at 2.76%.
|
Bond code |
Term (year) |
Offering value (VND billion) |
Registering value (VND billion) |
Winning value (VND billion) |
Winning yield (%/year) |
|
TD2429010 |
5 |
1,000 |
2,000 |
1,000 |
1.94 |
|
TD2434024 |
10 |
7,000 |
6,401 |
3,950 |
2.76 |
|
TD2439031 |
15 |
3,000 |
2,250 |
0 |
- |
|
TD2454046 |
30 |
500 |
170 |
70 |
3.10 |
Year to date, the State Treasury issued VND 193,014 billion of Government bonds across various tenors from 5 to 30 years, completing about 48.3% of the 2024 plan of VND 400,000 billion.
The winning value of 10-year and 15-year bonds are the largest with VND 104,331 and VND 41,656 billion issued, respectively, accounting for about 75.6% of the total value since the beginning of 2024. 5-year bonds come in third with VND 36,750 billion.
During third quarter, VND 36,512 billion of Government bonds was issued, equivalent to 24.3% of the Q3 plan.