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Fixed Income September 2018 - Yields retreat, but pressures remain ahead

Fixed Income

12 Oct 2018

The Vietnam State Treasury (VST) raised VND15.7tn (USD683mn) of G-bonds in September, down slightly by 2.2% MoM, but the winning rate advanced to 63.3% from 49.9% in August. 10Y and 15Y yields jumped 30 bps to quote at 4.8% and 5.1%, respectively, which helped these two terms to record high winning rates of 81.7% and 69.2%.

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