Credit institutions hold VND 793,000 billion of government bonds

According to the State Securities Commission, credit institutions are currently investors Government bonds second largest after Social Insurance.

Currently, the interest rate for 10-year term is about 2.2%/year, 30-year is about 3%/year, the lowest in the past 10 years.

Although the investment and holding of Government bonds almost do not generate credit risk, however, because the deposit mobilization of the system of credit institutions is mainly short-term, while Government bonds are not. The State Bank of Vietnam has issued a number of documents regulating the purchase, investment and holding of government bonds by credit institutions in order to ensure the safety of operations of credit institutions. such as: Regulation on the rate of purchase and investment of government bonds and government-guaranteed bonds.

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