tk88 bet

SBV issues another 20 trillion VND worth of treasury bills

The State Bank of Vietnam (SBV) on September 27 continued to offer 28-day treasury bills worth 20 trillion VND (833 million USD) through an auction.
SBV issues another 20 trillion VND worth of treasury bills ảnh 1At SBV headquarters (Photo: VNA)

Hanoi (VNA) - The State Bank of Vietnam (SBV) on September27 continued to offer 28-day treasury bills worth 20 trillion VND (833 million USD) through an auction.

As a result, nine out of 12 participants won thebid at an interest rateof 0.65%, higher than the 0.58% on the previous day and 0.49% in the beginning ofthe week.

🐎 It was the fifth consecutive issuance of bills by the SBV, bringing the total value to nearly 70 trillion VND. These bills all have a 28-day maturityperiod and were offered via interest rate auction. The number of participantsranged from 11-17.

MayBank Securities believed that the central bank’s money withdrawal from the system via bill issuance is a measure to ease exchange rate pressure, bringing it to the target of /-3% set for this year. In August and September, the exchange rate increased rapidly and showed signs of exceeding the target.

"This is a careful calculation given the system's excess liquidity and a wise step as it does not need to sell foreign currencies like last year," it said.

﷽ According to Saigon Securities (SSI), the SBV's bill issuance could be seen as a way to adjust short-term liquidity within the system and is a common practice by central banks.

In the near future, the central bank may continue issuing bills, but thisdoes not mean a reversal in monetary policy because liquidityregulation is a timed and flexible operation. Additionally, the effectivenessof intervention in exchange rate pressure depends on various factors,especially the trend of the USD index./.
VNA

See more

The official logo of resort airline Sun PhuQuoc Airways (Photo: Sun Group)

ജ Official logo of resort airline Sun PhuQuoc Airways announced

Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
High-end apartment projects in Gamuda Gardens Urban Area in Hanoi are developed by Malaysian real estate group Gamuda Land. (Photo: VNA)

൲ OECD Economic Surveys: Vietnam 2025 report released

The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Vietnamese lychees make sweet impression on UK consumers (Photo: VNA)

Vietnamese lychees win over UK consumers

The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|