Thursday, August 17 2017

VietNamNews

Central bank issues bills worth $1.27b

Update: August, 08/2017 - 19:00
The State Bank of Việt Nam issued bills worth VNĐ29 trillion (US$1.27 billion) last week. — Photo SBV
Viet Nam News

HÀ NỘI — The State Bank of Việt Nam issued bills worth VNĐ29 trillion (US$1.27 billion) last week, according to a report from the Saigon Securities Incorporation (SSI)’s retail research division.

The yield of the bill was low at 0.28 per cent, the report said.

Despite the issue, the banking system’s liquidity has shown no signs of pressure, SSI analysts said.

Owing to good liquidity, the overnight rate in the inter-bank market has been going down consistently, closing last week at 0.45 per cent, down 5 basis points against the previous week.

In the Government bond market, last week, seven-, 10- and 15-year bonds worth VNĐ3 trillion were offered. Of that, all VNĐ1 trillion worth of seven-year bonds with a yield of 5.1 per cent against 5.25 per cent in the previous session were issued successfully.

Ten- and 15-year bonds worth VNĐ700 billion and VNĐ800 billion, respectively, were also issued. — VNS

 

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