Hanoi Stock Exchange (HNX) will officially introduce a set of bond indices – the Bond-Index, on January 5, 2015 with a view to providing an additional method to measure the fluctuation of the bond market.
The Bond-Index will be built based on treasury bonds, which account for 71 percent of the total value of listed Government bonds and are low-risk commodities, serving as a base for investors to assess other bonds in the market.
The Bond-Index will include general indices and those for bonds of different terms.
Following the Bond-Index, the HNX will develop indices for government-guaranteed bonds, local government bonds and bond liquidity.
HNX said that the Bond Index is expected to help improve information transparency in the bond market, support the Government in evaluating macro policies’ influence on the market and assist financial organisations in analysing, forecasting, studying and managing bond portfolios.
VNA/VNN