January 11, 2012
Vietnam’s five-year bonds on Monday fell on speculation an increase in money-market rates prompted banks to sell the securities to raise cash. The dong was steady. Overnight interbank borrowing rates climbed to 12.25 percent Monday, the highest level since Dec. 16, from 11.95 percent on Jan. 6, data compiled by Bloomberg show. The money [...]
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December 23, 2011
Vietnam’s two-year bonds gained Friday on speculation commercial lenders will lower interest rates after inflation slowed for a fourth month. The dong advanced. Consumer prices climbed 18.13 percent this month from a year earlier, compared with a 19.83 percent increase in November, according to data from the General Statistics Office Friday. Interest rates on [...]
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December 19, 2011
Vietnam’s bonds gained Monday on speculation the largest banks are putting cash into debt rather than making loans. The dong dropped. Vietnam Development Bank, a state-owned lender that raises funds for government projects, sold all of the VND1.9 trillion of bonds ($90 million) it auctioned on Dec. 16, according to statements on the Hanoi [...]
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November 16, 2011
Vietnam’s bonds fell Monday on speculation banks are using funds to lend in the money market rather than buy government debt. The dong weakened. Interbank lending rates more than doubled to as high as 36.5 percent last week from a maximum 16.2 percent the week before, said Nguyen Duy Phong, an analyst at ACB [...]
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November 9, 2011
Vietnamese lawmakers backed a plan that aims for annual economic growth of as much as 7 percent through 2015 and seeks to quell Asia’s highest inflation. The National Assembly approved an objective of 6.5 percent to 7 percent annual economic expansion from 2011 to 2015 and a goal of reducing inflation to 5 percent [...]
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November 8, 2011
Vietnam’s bonds declined on signs bank demand for the securities is weakening. The dong was stable. Vietnam’s bonds declined on signs bank demand for the securities is weakening. The dong was stable. The State Treasury sold a total of VND1.1 trillion ($52.4 million) of three-year and five-year notes on Nov. 3, less than the [...]
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October 8, 2011
Vietnam’s central bank increased its refinancing rate for the first time since May, as the nation tries to steady its currency and tame Asia’s fastest inflation. The State Bank of Vietnam raised the refinancing rate to 15 percent from 14 percent, effective Oct. 10, it said in a statement on its website Thursday. The [...]
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September 28, 2011
Vietnam’s five-year bonds gained on speculation commercial lenders will lower interest rates after inflation slowed for the first time in more than a year. Consumer prices climbed 22.42 percent in September from a year earlier, easing from a 23.02 percent pace in August, according to figures released by the General Statistics Office on Sept. [...]
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September 27, 2011
Vietnam’s five-year bonds gained the most this month, pushing yields to the lowest level since June, after inflation slowed for the first time in more than a year. The dong was steady. Consumer prices rose 22.42 percent in September from a year earlier, slower than the 23.02 percent gain in August, according to data [...]
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June 4, 2011
Vietnam’s dong gained against the US dollar on Thursday after the central bank reduced interest rates for dollar deposits to support the local currency. Government bonds rose. The State Bank of Vietnam lowered the rate cap on dollar deposits by individuals to 2 percent from 3 percent, and cut the limit for institutions to [...]
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