Corporate bond private placement doubles year-on-year

By Hoai Anh/Ngoc Loan

09:08 | 08/08/2024 Finance Follow english.haiquanonline.com.vn on

VCN – There were 56 successful private placements of corporate bond with a total value of about VND45 million in July, decreasing by 15% compared with June and increasing by 57% year-on-year, said the Ministry of Finance.

	Corporate bond maturity in 2024 remains high: MoF
	The outlook for maturing real estate corporate bonds might be more positive in 2024 compared to 2023

Corporate bond private placement doubles year-on-year

There were VND24 trillion of guaranteed bonds. Photo: Internet

In the first 7 months of 2024, there were 174 successful private placements of corporate bond with a total value of VND 161.5 trillion, 2.6 times higher than the same period in 2023.

Specifically, credit institutions issued bonds worth more than VND109 trillion, accounting for 67.5% of the placed volume. Real estate enterprises placed bonds with a total value of VND38.7 trillion, accounting for 24%; enterprises in the remaining fields issued bonds worth VND13.8 trillion, accounting for 8.5%.

There were VND 24 trillion of guaranteed bonds, accounting for 14.9% of the issued volume. Of which, bonds of real estate enterprises with secured assets accounted for 84.4%.

The Ministry of Finance, in the first seven months of the year, the volume of callable bond was VND88.8 trillion, down 36% year-on-year.

For the secondary market, Hanoi Stock Exchange said that in the first 7 months of 2024, the total transaction value reached VND566,857 billion, the average transaction value per session reached about VND4,049 billion/session.

By Hoai Anh/Ngoc Loan

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Corporate bond private placement Ministry of Finance

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