At the end of May, more than VND 14,300 billion of corporate bonds matured

DNHN - In the first twelve days of May, the total value of bonds repurchased ahead of schedule by businesses since the beginning of the year reached nearly VND 53,000 billion.

According to the Vietnam Bond Market Association (VBMA), in the last two weeks of May 2023, the total value of mature corporate bonds exceeded 14,300 billion VND, with the real estate sector accounting for VND 7,000 billion, the raw materials sector for approximately VND 2,600 billion, and banks accounting for VND 2,000 billion.

Since the beginning of the year, the total volume of corporate bond issuance has reached nearly VND 31,700 billion, with 7 public issuances totaling VND 5,500 billion (representing 17% of the total issuance volume) and 15 private placements totaling more than VND 26,100 billion (representing 83%).

In the first twelve days of May, corporations purchased 2,449 billion dongs in bonds. Since the beginning of the year, the total value of bonds repurchased by corporations before maturity has reached nearly VND 53,000 billion (a 48.3% increase over the same period last year).

In fact, after the Lunar New Year, corporate bond investors were extremely concerned after the Hanoi Stock Exchange released a list of 54 companies that were delinquent in paying principal and interest to bondholders (including more than 30 real estate companies).

By the end of May, FiinRatings (a domestic credit rating agency) had recorded nearly 100 issuers announcing late repayment of corporate bonds worth up to VND 128 trillion, or 16% of the total size. outstanding non-bank bonds.

According to data compiled by the Bond Market Association from HNX and SSC as of May 19, 2023, no corporate bond issuances have been recorded.

Before April, there were only one private issuance and one public issuance with a total value of 2,671 billion VND. This is only 10% of the previous month's total issuance volume.

The total value of corporate bond issuance since the beginning of the year is VND 31,658 billion, with 7 public issuances totaling VND 5,521 billion (representing 17% of the total issued value) and 15 rounds of issuance. The private placement was valued at 26,137 billion dongs (representing 83 percent of the total).

P.V (t/h)