Fixed Income September 2021 - Yields rebound across all tenors

The VST raised its offering amount to pursue its Q3 2021 issuance target

In September, the Vietnam State Treasury (VST) offered VND48.0tn (USD2.1bn) of G-bonds (+24% MoM) with VND38.5tn (USD1.7bn) of G-bonds successfully issued (+29.5% MoM). The VST issued VND94.0tn (USD4.1bn) in Q3 2021 and VND247.2tn (USD10.7bn) since the beginning of the year, fulfilling 78.3% of the Q3 plan and 70.6% of the full-year target.

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