January corporate bond issuances reach $149mln
Real estate companies account for 67% of total issuances in the opening month of the year.
Vietnam’s corporate bond market saw issuances totaling VND3.65 trillion ($149 million) in January, a year-on-year increase of 19 per cent, according to KB Securities Vietnam (KBSV).
There were two private corporate bond issuances with a total value of VND1.65 trillion ($67.3 million) and one public offering worth VND2 trillion ($81.6 million).
Real estate companies accounted for 67 per cent.
The value of corporate bonds maturing in 2024 is estimated at VND279 trillion ($11.38 billion). Real estate companies account for 41.4 per cent of these and financial organizations 29 per cent.
Some VND4.88 trillion ($199 million) will mature in February, with 49 per cent belonging to real estate companies.