Fixed income
13
January
SBV back to withdrawal as DXY surged
This week, the SBV significantly withdrew liquidity after injections in previous weeks, as the USD strengthened further. As a result, the interbank yield curve experienced a notable increase in short...
07
January
SBV injects liquidity at year start
This week, the SBV injected a modest amount of liquidity as exchange rate pressures eased. As a result, the interbank yield curve experienced a sharp decline in short tenors, signaling...
30
December
SBV injects significantly to ease year-end liquidity pressure despite amplified USDVND strain
In the final week of 2024, the SBV injected significant liquidity as interbank rates surged sharply due to year-end demand. However, this action, combined with external global macro factors, has...
23
December
SBV strengthens liquidity withdrawal amid amplified USDVND pressure
This week, the SBV strengthened liquidity withdrawal as exchange rate pressures intensified. As a result, the interbank rate curve shifted upward across most tenors following the SBV’s actions. On the...
16
December
SBV resumes liquidity injection
This week, the SBV resumed liquidity injection as accelerating lending activities in year-end seems leave some pressure on the liquidity condition of the banking system. The interbank rate curve drifted...
09
December
SBV strengthened liquidity withdrawal as USDVND regains
This week, the SBV intensified liquidity withdrawal by issuing 14-day T-bills as interbank rates declined notably amid strong exchange rate pressures. Specifically, the overnight rate rebounded to nearly 4% after...
02
December
SBV turns to liquidity withdrawal as pressures eased
This week, the SBV returned to liquidity withdrawal after the pressures on the banking system and the exchange rate eased. Specifically, the interbank rate curve dropped sharply at short tenors,...
25
November
SBV continues liquidity injection amid surging DXY
This week, the SBV lowered liquidity injections as pressures within the banking system eased, while the exchange rate edged up slightly. Specifically, the interbank yield curve saw a sharp decline...
18
November
SBV continues its liquidity injections
This week, the SBV continued to significantly issue repo contracts as liquidity issues remain unresolved in the banking system. Specifically, interbank rates continued to climb across all tenors, with overnight...
Featured Analysis
Derivatives: Waiting for confirmation signals
Market commentary: Broad-based gains
Market commentary: Widespread demand momentum
Derivatives: Green session
Derivatives: Pull-back confirmation
Market commentary: Cautious sentiment
Fund flow: Vietnam leads fund flows in SEA
