The banking sector took the lead by redemption value, with over VND76.9 billion worth of bonds bought back, constituting 53% of the total value.

From now to the end of 2023, the cumulative value of bonds due for maturity exceeds VND127.8 trillion. Of this total, the real estate sector accounts for 49%, with VND62.6 trillion, followed by the banking sector with VND24.9 trillion, representing 19.5%.

A report by the Ministry of Finance said that corporate debt worth VND2.3 trillion was issued in the first half of August.

From the start of the year until July 28, 36 enterprises issued bonds via private placement, with a cumulative value of VND62.3 trillion, reflecting a decline of 77.8% compared to the same period last year. Real estate enterprises accounted for 54.2% of this total, followed by credit institutions at 31.6%.

Source: Saigon Times