Continued strong demand resulted in high winning rate of 91%.From February 20 to March 17, VND29 trillion (USD1.3 billion) of G-bonds and G-backed bonds were successfully auctioned on the primary market. Strong demand led to a high winning-to-offering ratio of 91.3% in the reviewed period across all tenors. 5Y bonds became less attractive as its yield remained low in the reviewed period. However, longer tenors continued to attract more demand.