SBV withdraws VND5 trillion via T-Bills

Tuesday, Jul 09, 2013 11:36

HA NOI (Biz Hub) —The State Bank of Vietnam (SBV) issued VND5 trillion worth of 28-day Treasury bills at 1.85% per annum to withdraw liquidity from commercial banks on Monday.

 

From March 15, 2012, the central bank issued in total VND322.731 trillion T-bills, of which VND260.145 trillion debts have matured, the local newswire NDHMoney.vn reported, citing data compiled by SSI Research.

The central bank net withdrew VND77 billion through open market operation (OMO) after it pumped VND152 billion and withdrew VND75 billion.

Last week, interbank interest rates fell to 1.25% p.a. for overnight; 2.94% p.a. for 1-month; remained flat at 1.33% p.a. for 1-week and rose to 4.5% for 3-month terms. StoxPlus


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