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Vietnam sells only 10-year bonds in April 8 auction as other tenors see no uptake

Vietnam’s State Treasury on April 8 auctioned VND13,500 billion (US$512.33 million) in government bonds across 5-year, 10-year, 15-year and 20-year tenors, but only 10-year bonds were sold, and only a fraction of those, according to a release from the Vietnam Bond Market Association.

The 10-year tranche drew VND5,400 billion in bids and sold VND3,000 billion (US$113.85 million), equal to a 27 percent winning ratio, at a 4.13 percent yield.

No 5-year, 15-year or 20-year bonds were sold, while the winning yield on the 10-year tenor rose by one basis point from the previous week.

Year to date, the State Treasury has issued VND86,586 billion (US$3.29 billion) in government bonds, completing 17.3 percent of its 2026 plan of VND500,000 billion (US$18.98 billion).

TABLE: Vietnam government bond issue April 8, 2026

CodeTermOfferedRegisteredWonYield %
TD26310085 1000 300 0
TD263602210 11000 5400 30004.13
TD264103715 1000 400 0
TD26460502050000
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