Total value of privately placed corporate bond issuance reached nearly $1.8 billion in July
The figure brings the total value in the first seven months of the year to nearly $6.42 billion.
Topic: issuance
New Decree to make bond market healthier
Commenting on Decree No. 65/2022/ND-CP, dated September 16 and amending and supplementing a number of articles in Decree No. 153/2020/ND-CP on offering and trading privately-issued corporate bonds in the domestic market and offering for sale corporate bonds to the international market, analysts believe the new Decree will tighten the bond market, make it healthier, and present opportunities for capable businesses with transparent issuance records.
Most bonds in July unsecured
Data from FiinGroup shows that bond issuances fell sharply in July, to VND22 trillion ($945.1 million), down 48.2 per cent compared to June and 65 per cent year-on-year. Notably, 19 of the 24 bonds issued were unsecured and/or have shares as collateral.