The total value of corporate bond issuances in September dropped significantly, by 60% from August, to the lowest figure recorded since May, a recent report showed.
Companies issued 161.5 trillion VND (6.43 billion USD) worth of bonds during January-July, or 2.6 folds higher than the same time last year, the Ministry of Finance (MoF) said on August 5.
The State Securities Commission (SSC) has announced that it will implement a separate corporate bond trading system from July this year to develop a transparent secondary market and increase liquidity for corporate bonds.
The State Treasury raised 32.8 trillion VND (1.39 billion USD) worth of Government bonds, or 96.56% of the total G-bonds on offer, via eight auctions on the Hanoi Stock Exchange during January.
The total number of companies trading on the Unlisted Public Company Market (UPCoM) reached 850 as of August 30, the Hanoi Stock Exchange (HNX) has announced.
The yield of Government bonds (G-bond) has continued to decline and hit seven-month lows as the US Federal Reserve (Fed) seems unlikely to hike interest rates and the domestic monetary market has shown positive movements.
Some 550 villas and row houses are set to be available in Hanoi’s real estate market by the end of this year, according to statistics from Savills Vietnam, the largest property company in the country.