Vietnam government bond auction Wednesday sees limited uptake, 10-year yield holds at 4 percent

The State Treasury of Vietnam held a government bond auction on January 14, offering VND 12,500 billion (about US$0.47 billion) across four tenors, according to a release from the Vietnam Bond Market Association.

Bar chart Vietnam government bond auction results January 25 2026

The auction included 5-year bonds worth VND 1,000 billion (US$38 million), 10-year bonds worth VND 10,000 billion (US$380 million), 15-year bonds worth VND 1,000 billion (US$38 million), and 30-year bonds worth VND 500 billion (US$19 million).

No 5-year or 30-year bonds were sold, while the 10-year and 15-year bonds recorded winning ratios of 17 percent and 15 percent respectively, with the 10-year yield unchanged at 4 percent and the 15-year yield at 4.1 percent.

Year to date, the State Treasury has issued about VND 2,990 billion (US$113 million) in government bonds, equal to 0.6 percent of the full-year 2026 plan of VND 500,000 billion (US$19.0 billion) and 2.7 percent of the first-quarter plan.

In 2025, total government bond issuance reached around VND 371,500 billion (US$14.1 billion), completing about 74.3 percent of the annual plan of VND 500,000 billion (US$19.0 billion).

Table of Vietnam government bonds for sale/won January 15 2026

CodeTermOfferedRegisteredWonYield %
TD2631007510002000
TD26360211010000668017004
TD26410371510002501504.1
TD26560523050000

 

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