# SSI Research: State Bank launches 6-month FX swap, a positive sign for market liquidity

> The State Bank of Vietnam announced a USD/VND swap of up to $2 billion with a 182-day tenor. Only banks with qualifying foreign or international bond debt can participate, and the cap for each bank is 80% of its eligible foreign debt. The swap could support about 52 trillion dong, under 0.3% of system credit.

- Date: 2026-11-04 · published 2026-11-04T06:10:17.255Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/79226-ssi-research-state-bank-launches-6-month-fx-swap-a-positive-sign-for-market
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

The longer tenor gives banks more predictable funding, which may support lending. The impact on the dong-dollar rate is small, so feed import costs are largely unaffected.

## Read by commodity

- USDVND: neutral

## Sources

- 24hmoney.vn: https://24hmoney.vn/news/ssi-research-nhnn-trien-khai-hoan-doi-ngoai-te-ky-han-6-thang--tin-hieu-tich-cuc-cho-thanh-khoan-thi-truong-c30a2854137.html

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