Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."




Join Us for Dinar Discussions and More -- We Keep it REAL
 
HomeSearchFAQLog inRegister
YOU MUST Sign in with your USERNAME to POST
Follow us on TWITTER
DINAR INFORMATION LINKS

PARTNER SITES
Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap
Share | 
 

 Vietnam’s Bonds Advance on Interest-Rate Outlook; Dong Steady

View previous topic View next topic Go down 
AuthorMessage
lexie
Elite Member
Elite Member
avatar

Posts : 1812
Join date : 2011-06-24

PostSubject: Vietnam’s Bonds Advance on Interest-Rate Outlook; Dong Steady   Tue Dec 06, 2011 3:12 pm

December 6, 2011

Vietnam’s Bonds Advance on Interest-Rate Outlook; Dong Steady

Vietnam’s one-year bonds advanced on speculation consumer-price gains will slow and interest rates will be cut. The dong was little changed.

Inflation is under control and the pace of price increases will slow to about 9 percent next year, Prime Minister Nguyen Tan Dung said today. Consumer prices increased by 20 percent in November from a year earlier, down from this year’s high of 23 percent in August, official data show. The government has asked the State Bank of Vietnam to consider lowering interest rates, Vu Duc Dam, chairman of the government office, said Dec. 1.


“Yields are declining because investors are expecting that interest rates will come down,” said Cao Tan Phat, a Ho Chi Minh City-based analyst at ACB Securities Co.


Yields on one-year government debt fell 10 basis points, or 0.10 percentage point, to 12.78 percent, according to a daily fixing from banks compiled by Bloomberg.


The dong traded at 21,008 per dollar as of 2:43 p.m. in Hanoi, compared with 21,011 yesterday, according to data compiled by Bloomberg. The central bank set the reference rate at 20,803, unchanged since Oct. 28, its website showed. The currency is allowed to trade up to 1 percent on either side of the official rate. (Bloomberg)



http://www.vietfinancenews.com/2011/12/vietnams-bonds-advance-on-interest-rate.html#more




*****************
"WHEN THE POWER OF LOVE OVERCOMES THE LOVE OF POWER, THE WORLD WILL KNOW PEACE"
Back to top Go down
View user profile
 
Vietnam’s Bonds Advance on Interest-Rate Outlook; Dong Steady
View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
Dinar Daily :: OTHER INVESTMENTS :: OTHER CURRENCIES - DONG - ZIM - YUAN - etc-
Jump to: