November 09, 2023 | 15:05 GMT+7

Corporate bonds issued in October up over 6% in value

Tùng Thư -

Total value of more than $852.5 million an increase against October 2022 but down against September.

According to the Vietnam Bond Market Association (VBMA), the total value of corporate bonds issued in October stood at more than VND20.8 trillion (over $852.5 million), down 49.02 per cent compared to September but up 6.124 per cent year-on-year.

Vietnam’s corporate bond market has witnessed a positive trend since June, though figures for the first ten months of the year put total value at an estimated VND209.15 trillion (nearly $8.6 billion), a year-on-year decline of 17 per cent.

The value of bonds issued by real estate businesses increased 10 per cent over the same period of 2022.

Corporate bonds repurchased prior to maturity in the third quarter totaled an estimated VND57 trillion ($2.3 billion), down 29 per cent compared to the second quarter and 6 per cent against the third quarter of last year.

The total value of corporate bonds repurchased prior to maturity in the first ten months reached VND183.43 trillion ($7.5 billion), an increase of 18 per cent against the same period last year.

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