According to figures released by the VnDirect Securities Company, privately-placed corporate bonds valued at more than VND8.8 trillion (over $359 million) will reach maturity in November, much lower than in previous months but four-fold higher than in June.

Meanwhile, the total value of corporate bonds privately placed in October, as of October 27, was estimated at more than VND18.3 trillion (over $747.5 million), or 50.2 per cent lower than in September.

The highest value in October was for corporate bonds privately placed by banks, estimated at more than VND8.6 trillion (over $351 million) and accounting for 47.1 per cent of the total, followed by those from real estate companies, with a value estimated at more than VND7 trillion (over $285.4 million) or 38.6 per cent of the total. According to the Vietnam Bond Market Association (VBMA), in the first nine months of this year, real estate companies mobilized about VND55.6 trillion (more than $2.26 billion) from the private placement of corporate bonds.

Figures for the first ten months of the year show that the total value of privately-placed corporate bonds was estimated at more than VND188.8 trillion (over $7.7 billion), a year-on-year fall of 23.3 per cent.

The value of privately-placed corporate bonds sold prior to maturity in October was estimated at more than VND12.3 trillion (over $502 million), an increase of 12.2 per cent against the previous month.