The biggest bond issuers in May included the Vietnam Prosperity Joint Stock Commercial Bank (VPBank) with VND6.3 trillion, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) with VND3.09 trillion, and property firm Phu Long with VND1.4 trillion. … [Read more...] about Corporate bond issuance drops a tenth in May
Corporate bond etf
As the corporate bond market is showing signs of significant growth, the Ministry of Finance has asked the issuers to make sure they are financially healthy to pay back the debts. Companies must also be committed to the deals signed with investors, especially individual ones. … [Read more...] about Corporate bond market to boom in 2nd half before cooling down
COVID-19-induced uncertainty affects bond markets The COVID-19 pandemic continues to drag on local currency bond markets in emerging East Asia, including Vietnam, as investment sentiment globally and in the region wane and containment measures limit economic activity. … [Read more...] about VN corporate bond market to boom in second half
Hanoi (VNS/VNA) — Companies are looking to raise debts from bond issuance before the amended Law on Securities takes effect next January. The amended securities law, which was approved by National Assembly deputies in November 2019, will take effect on January 1, 2021. The amended law will restrain local companies from selling their bonds to investors, especially individuals, to diminish the risks for the equity market. According to Bao Viet Securities Co (BVSC), corporate bond issuance in June was estimated at 31 trillion VND (1.34 billion USD). In May, the value was 27 trillion VND, which was down slightly from the previous month as the economy suffered from the social distancing and the spread of the coronavirus. Real estate firms and banks were the biggest issuers as they sold 8.5 trillion VND and 11 trillion VND worth of bonds in June, respectively. But banks’ issuance value was down slightly compared to May while real estate firms hiked their issuance … [Read more...] about Corporate bond market to boom in second half
Commercial banks remained the biggest issuers in May, with VND11.512 trillion worth of bonds issued (42.54 percent). VP Bank issued 10 lots of bonds totaling VND5.8 trillion, BIDV issued 9 lots of bonds, worth VND3.09 trillion. Commercial banks remained the biggest issuers in May, with VND11.512 trillion worth of bonds issued (42.54 percent). VP Bank issued 10 lots of bonds totaling VND5.8 trillion, BIDV issued 9 lots of bonds, worth VND3.09 trillion. … [Read more...] about Will demand for corporate bonds become weaker because of a new law?