# Central bank cuts treasury bill interest rate for first time in four months

> The State Bank of Vietnam cut the seven-day treasury bill rate to 2.75% per year, its first reduction since March. It also net injected VND19 trillion through bills, which pushed interbank rates lower.

- Date: 2019-07-26 · published 2019-07-26T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/58395-central-bank-cuts-treasury-bill-interest-rate-for-first-time-in-four-months
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Looser domestic liquidity has little direct effect on grain or feed prices, but it can ease financing costs for Vietnamese feed producers.

## Sources

- vietnamnews.vn: http://vietnamnews.vn/economy/523189/central-bank-cuts-treasury-bill-interest-rate-for-first-time-in-four-months.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.