MONEY MARKET

• OPEN MARKET OPERATIONS (OMO)

The SBV net injected VND 28,258 billion on the open market. Through selling outright, the SBV withdrew VND 24,800 billion (14-day term, 4.25% interest rate), while VND 58,750 billion previously issued expired. Simultaneously, the SBV bought VND 50,925 billion through reverse repo (7-day term), while VND 56,618 billion previously issued expired.

• INTERBANK INTEREST RATES

The overnight, 1-week and 2-week interbank rates increased by 0.17%, 0.18% and 0.06%. respectively, to 4.52%, 4.61% and 4.59%.

FOREX MARKET

The central rate decreased by VND 6 from VND 24,260/USD to VND 24,254/USD. The exchange rate at commercial banks decreased by VND 46, from VND 25,109/USD to VND 25,063/USD. The VND has depreciated by 3.27% TYTD against the USD.

BOND MARKET

• PRIMARY MARKET

The SBV called for 5Y, 10Y, 15Y, and 30Y G-bonds. The respective offering value was VND 1,000, VND 6,000, VND 4,500 and VND 500 billion, with respective winning rates of 4%; 100%; 100%; 20%.

• SECONDARY MARKET

Last week, the total Outright trading value was VND 28,407.54 billion, down by 12.2% compared to last week. Repo trading value reached VND 21,004 billion, down by 26.2% compared to last week.