Vietnam’s State Treasury raised VND 5,500 billion (US$209 million) at its May 6 auction, with demand concentrated in shorter tenors, according to data compiled by the Vietnam Bond Market Association.
The Treasury offered VND 18,500 billion (US$702 million) across 5-, 10-, 15-, and 30-year bonds, but received limited bids beyond the 10-year tenor.
Five-year bonds saw a 67 percent allocation rate, with VND 2,000 billion (US$76 million) issued at a yield of 3.89 percent, up 3 basis points from the previous session.
Ten-year bonds recorded a 25 percent allocation rate, with VND 3,500 billion (US$133 million) issued at 4.17 percent, up 1 basis point.
No bids were accepted for 15-year or 30-year bonds, reflecting weak demand for longer-duration debt.
Year to date, the Treasury has issued VND 131,056 billion (US$4.97 billion), completing 26.2 percent of its VND 500,000 billion (US$19.0 billion) 2026 issuance plan.
Ten-year bonds dominate issuance, accounting for VND 123,671 billion (US$4.69 billion), or about 96 percent of total sales, followed by 15-year bonds at VND 2,150 billion (US$82 million) and 5-year bonds at VND 5,205 billion (US$198 million).
TABLE: Vietnam government bond issuance May 6, 2026, VND billions
| Term | Offered | Registered | Won | Yield % | |
| TD2631008 | 5 | 3000 | 2295 | 2000 | 3.89 |
| TD2636023 | 10 | 14000 | 4700 | 3500 | 4.17 |
| TD2641037 | 15 | 1000 | 100 | 0 | – |
| TD2656067 | 30 | 500 | 0 | 0 | – |