VBMA together with VBMA Market Makers has implemented the amended MMA for Repo transactions since Monday, November 15, 2021. According to this new MMA, Market Makers will quote indicative prices for 9-month and 1-year tenors in order to create a curve with full short-term tenors and the MMA also added the haircuts for 20-year and 30-year bonds.

The Market Maker Agreement for repo transactions (MMA) has been implemented since June 1st, 2020. In 2021, there are 11 market makers taking part in implementing this agreement, including: OCB, HDBank, TPBank, SCB, MSB, BIDV, TCB, MB, VCB, VPBank, SeABank. The implementation of the MMA provides market members with a reliable short-term benchmark rate curve while boosting liquidity for the Repo market.