The State Bank of Vietnam (SBV) continues to issue over 409 million USD worth of treasury bills (T-bills). (Photo: VNA) Four out of 13 participants won the bid with the interest rate of 0.49%, lowerthan the previous sessions on September 22 (0.5%) and September 21 (0.69%).
In the recent three transaction sessions, the SBV issued nearly 30 trillion VNDworth of T-bills. This was the first time in six months the central bank used this methodto mobilise money in the context that interbank overnight interest rate fell tothe lowest level in two months.
Experts from the Saigon Securities Inc. (SSI) said that the SBV’s move aims toadjust short-term liquidity, and it does not mean that the bank is reversingits monetary policy./.