vietnam bond market
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This growth was supported by expansion in both the government and corporate bond segments, stated the ADB.
The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) was the biggest corporate bond issuer in January-June.
The local currency (LCY) bond market in Vietnam posted the highest growth in the emerging East Asia region, as authorities took fiscal and monetary policy actions to mitigate the economic fallout from the coronavirus pandemic.
Vietnam’s local currency (LCY) bond market reached a size of VND1,193 trillion (US$51 billion) at the end of March, up a marginal 0.7% quarter-on-quarter, a reversal from the 5% quarter-on-quarter contraction in the last quarter of 2018.