Fixed Income October 2020 - 10M G-bond issuance surpasses FY2020 target
  • 2020-11-11T19:45:04
  • Fixed Income
The Vietnam State Treasury (VST) issued VND31.6tn (USD1.4bn) of G-bonds in October, a plunge of almost 50% from a near five-year high recorded in September. However, total issuance in 10M 2020 reached VND260.3tn (USD11.2bn), which slightly exceeded the FY2020 target of VND260tn (USD11.2bn). In October, outright transactions jumped 24.8% MoM to VND178.7tn (USD7.7bn) while the average daily trading value (ADTV) of outrights increased 15.9% to VND10.9tn (USD470mn) — both of which were the highest