Fixed Income March 2021 - Bond yields inch up in March
  • 2021-04-12T21:18:38
  • Fixed Income
The Vietnam State Treasury (VST) issued VND12.2tn (USD530mn) of G-bonds in March — 3.5x the amount issued in February. As of the end of March, the VST issued a total of VND39.2tn (USD1.7bn) of G-bonds — completing 39.2% of the Q1 2021 plan but only 11.2% of the FY 2021 plan. In the secondary market, total trading value rebounded 38.5% MoM to VND239.5tn (USD10.4bn) in March mainly because there were 23 working days vs only 15 working days in February. Of the total trading value