Chủ đề: bonds

The government bond and corporate bond segments are both growing rapidly and had boosted Vietnam’s local currency bond VET online - VET Chuyên mục khác Tiêu đề [8] ADB: Government bonds and corporate bonds growing quickly market to $91.5 billion by the end of December. Annual growth is up to 25.5 per cent, according to the Asian Development Bank (ADB).

More than VND23 trillion ($1.02 billion) was mobilized through the government bond channel in January. The State Treasury plans to issue VND105 trillion ($4.64 billion) worth in the first quarter of 2022. The MBS Securities Company believes that government bonds remain the first choice for those seeking liquid assets with fixed profitability, so even though yields are low, market absorption is still good.

The proportion of individual investors buying corporate bonds has fallen sharply in recent years. Some still do so, however, if only because of the more attractive interest rates compared with bank deposits. The corporate bond market is forecast to continue growing in the time to come.

The lack of easy access to cheap bank credit has pushed up demand for capital mobilization via corporate bond issuances. Because corporate bond interest rates are still quite high compared to bank deposit rates, the bond market is forecast to continue to grow strongly in the second half of 2021.