corporate bond markets

Update news corporate bond markets

Trillions of VND disappear, listed companies report losses after audit

A number of businesses have reported losses or profit decreases of up to trillions of dong after biannual reviews, though they had reported large profits before. But this was not a surprise, especially for real estate firms.

Bond buybacks amount to over VND145 trillion

Businesses had bought back over VND145.2 trillion worth of bonds before maturity in the year to August 11, a 39% year-on-year increase, according to data from the Vietnam Bond Market Association (VBMA).

Domestic bond market frozen, corporations seek capital in int'l market

Vietnamese enterprises are issuing corporate bonds in the international market as they have found it difficult to mobilize capital domestically after a number of scandals. However, this has been the choice of only some large enterprises.

Bond issuers buy back VND135 trillion of bonds before maturity

The value of corporate bonds issued in the first seven months of 2023 was much lower than in the same period last year. Many enterprises bought back bonds in large quantities before they became due.

VN corporate bond market hoped to develop sustainably

According to the Finance Ministry, the corporate bond market of Vietnam remains relatively modest compared to others in the region.

VN corporate bond market to continue to face headwinds in H2/2023

The corporate bond market will continue to face headwinds in the second half of the year, experts said.

Over VND72 trillion of real estate bonds about to fall due

A staggering VND147.3 trillion worth of corporate bonds will fall due in the second half of the year, with nearly half (over VND72 trillion) owed by real estate firms.

Separate corporate bond trading system launched

The Ministry of Finance on July 19 organised an inaugural ceremony for a separate corporate bond trading system on the Hanoi Stock Exchange (HNX).

Corporate bond trading system improves market transparency, liquidity

The operation of a separate corporate bond trading system is necessary to develop a transparent secondary market and increase liquidity for corporate bonds.

More than $1.7b worth of maturing corporate bonds rolled over

More than VND42 trillion ($1.77 billion) worth of corporate bonds were rolled over in the second quarter, providing issuers, mostly property...

VN banks increasing investment in bonds

Government bonds prospered again in the first five months of the year.

Banks step up bond buybacks

While real estate firms are still grappling with woes, including cash flow problems that have rendered them helpless to take back their bonds that are due, commercial banks have performed well.

Banks redeem bonds before maturity

Many local banks have bought back their bonds before maturity while others have launched new bond issues this month.

Bond issuers struggle with debt repayment

Bond issuers are grappling with the burden of heavy debt amidst unfavorable market conditions, leading them to further postpone coupon and principal payments.

VN corporate bond market to get back on track

After stagnating for half a year, the corporate bond market has shown signs of recovery following the implementation of Decree No 8, as the value and volume of issued bonds surged in March, said insiders.

VN corporate bond market warms up after lackluster year

Real estate firms and leading enterprises issued nearly one billion USD worth of corporate bonds within two weeks after the government released a decree, removing obstacles for enterprises.

Another enterprise issues bonds, real estate bonds increase in value

A real estate firm has successfully raised funds by issuing VND4.7 trillion worth of corporate bonds. Just days before, another real estate firm also successfully issued VND2.3 trillion worth of bonds.

Banks hold US$8 billion worth of corporate bonds

The proportion of corporate bonds to total assets of commercial banks is not too large but risks still exist, especially if banks hold bonds of weak real estate firms, according to Le Hong Khang from FiinRatings.

SBV tightens control on corporate bond acquisitions by banks

The State Bank of Vietnam (SBV), the nation’s central bank, is taking steps to tighten control on commercial banks’ acquisitions of corporate bonds.

Real estate firms resume issuing bonds

Real estate businesses have issued nearly VND12 trillion worth of corporate bonds since Government Decree 08 came into effect on March 6.