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This move directly affects the Vietnamese bond market as it reflects the State Bank of Vietnam's monetary policy. Large-scale net drainage via OMO (open market operations) reduces money in circulation, impacting credit conditions, market interest rates, and demand for government and corporate bond instruments.
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VIETNAM_BOND
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The State Bank of Vietnam has net drained over 300,000 billion VND via the OMO channel since early February, reducing outstanding loans from a peak of nearly 490,000 billion VND to about 186,560 billion VND.
This move directly affects the Vietnamese bond market as it reflects the State Bank of Vietnam's monetary policy. Large-scale net drainage via OMO (open market operations) reduces money in circulation, impacting credit conditions, market interest rates, and demand for government and corporate bond instruments.
CafeF·07/20, 03:38 PM