Published Date: 19/05/2021
Summary:
Interbank interest rates continue to increase due to less liquidity in the system. However, the interbank interest rate is still lower than the OMO rate, SBV has not made new transactions on the open market. The USD/VND exchange rate continues to trade steadily even though the USD is increasing in price against other currencies in the region. STV issued over VND 18,000bn of G-bonds during the period. The yield of secondary G-bonds was flat compared to the previous month. Foreign investors net sold VND 875bn of G-bonds during the month.
