Published Date: 05/04/2021
Summary:
The open market did not have any transactions in March and the interbank interest rates remained low, showing that the liquidity of the banking system is still abundant. The USD/VND exchange rate continued its hike due to the increase in the value of the USD globally. The State Treasury only issued nearly VND 12,200bn of government bonds in the month and only fulfilled 39% of the Q1 plan. The yield of 10Y secondary government bonds continued to increase slightly compared to the previous month. Foreign investors net bought VND 2,047bn of government bonds during the period.
