Vietnam shifts bond clearing to cope with more volume
Bond clearing responsibilities in Vietnam have been moved from a commercial institution to the country’s central bank, which experts say has easy access to liquidity and capacity to take on larger bond volumes.
Vietnam’s decision to move bond clearing activities from a commercial financial institution to its central bank has been seen as a healthy development of country’s capital market — and an indication that it is getting ready to take on larger volumes.
The State Bank of Vietnam (SBV), the country’s
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