The auction had a total bid call volume of five trillion VND with three terms, including 3-year bond (two trillion VND), 5-year (two trillion VND) and 10-year (one trillion VND).
The 3-year bonds attracted six participants with valid bid volume of VND1.800 trillion. The bidding yield varied from 5.6%-6,3%/ year. As a result, VND1.700 trillion of 3-year bonds were sold at the winning rate of 6.2%, 0.6% higher than the previous offer (December 12th, 2014).
The 5-year bonds attracted five bidders with valid bid volume of VND750 billion . The bidding coupon rate was from 6.48%-7.2%/ year. As a result, VND650 billion worth of 5-year bonds were mobilised at 7%/year, 0.55% higher than the previous session (December 12th, 2014).
Since the beginning of 2014, after eight auctions, VDB has raised VND10.703 trillion worth of government backed bonds./.