The total value of private placements of corporate bonds put into trading on primary market in July stood at more than VND84.4 trillion (over $3.35 billion), down 26.2% compared to the average value recorded in June, according to the Vietnam Bond Market Association (VBMA).
The data that VBMA collected from Hanoi Stock Exchange (HNX) and the State Securities Commission (SSC) showed that in July there were 33 trading sessions of the private placements of corporate bonds, with total transaction value reaching VND31.387 trillion (nearly $1.25 billion) and a trading session of public offering, with total value at VND395 billion (more than $15.7 million). Cumulatively, in the first seven months of this year, there were 175 trading sessions of the private placements of corporate bonds, with total transaction value at more than VND168.43 trillion (over $6.7 billion), and 12 trading sessions of public offering, with total value at nearly VND14.59 trillion (more than $581 million).
According to VBMA, the value of repurchased corporate bonds prior to maturity in July reached more than VND32 trillion (over $1.27 billion), up 17% year-on-year. It is estimated the value of corporate bonds reaching maturity in the remainder of the year will be at over VND121.85 trillion (over $4.8 billion). Of which, the value of corporate bonds from real estate issuers is at over VND51.6 trillion (more than $2 billion), or 42% of the total.