The State Bank of Vietnam lent nearly 36 trillion VND for 14-day terms to 9 members via OMO. The winning interest rate increased to 4.25%/year from the recently recorded 4%/year.
The loan has a term of 7 days issued on April 16, maturing on April 23 with a total value of nearly 12 trillion VND.
Amid rising USD-Dong exchange rates, Vietnam's central bank recently issued treasury bills (T), using them as open market operations (OMO), while also regulating liquidity and interest rates on the interbank market. The bank lent 9 members USD 1.4 billion for a 14-day term via OMO. It also issued 28-day treasury bills worth VND2.15 trillion at an interest rate of 3.73%.
The bank also continued to issue 28-day T-bills worth VND 2.15 trillion with an interest rate of 3.73%. Two members won the bid.
In addition, T-bills issued on March 26 also mature on April 23, helping the central bank pump VND 3.7 trillion back into the market, according to a domestic media outlet.
The central bank set the daily reference rate at 24,275 VND/USD on April 23, an increase of 3 VND from the previous day.
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