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VCSC Daily - Stocks advance as banks gain

Market Commentary

12 Mar 2018

Summary of Published Reports. Fixed Income February 2018 - Bond yields tighten even further. Abundant liquidity supported G-bond issuance. In February, the VST raised VND10.0tn (USD442mn) out of VND11.8tn (USD552mn) offered, equivalent to a winning rate of 84.9%. The VST announced the G-bond issuance plan for 2018 with a total expected issuance amount of VND200tn (USD8.85bn), 25% higher than 2017 actual issuance.

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