Fixed Income Report February 2017- Excess liquidity after Tet
  • 2017-02-24T19:49:24
  • Fixed Income
Bond issuance rebounded strongly thanks to high liquidity in the banking system. VND28.2 trillion (USD1.24 billion) of G-bonds and G-backed bonds were successfully issued, more than seven times higher than the VND3.82 trillion (USD169 million) of bonds sold during the previous reviewed period. The winning rate for this reviewed period also increased to 76.3%, much higher than the 20.8% level recorded in the previous period.