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The State Bank of Vietnam raised VND3.7 trillion from 28-day T-bill auctions at a 1.9% rate, reducing auction volume as the USD/VND rate stabilised. The central bank has withdrawn about VND156 trillion since resuming T-bill sales on March 11.
Liquidity draining through T-bills supports the dong and reduces import cost pressure on Vietnamese feed buyers, though the impact on global feed prices is minimal.
theinvestor.vnMinh MinhMar 27, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
