Fixed Income March 2023 - Interbank interest rates drop on excess liquidity
  • 12 Apr 2023
  • Fixed Income
G-bond yields dropped to multi-month lows - In March, the Vietnam State Treasury (VST) issued VND35.4tn (USD1.5bn; -3.1% MoM) of G-bonds. Ample system liquidity boosted bond demand as the bid / offered rate reached 3.5x. As of end-March, the VST had issue