Illustrative image. (Photo: VNA)Hanoi (VNA) – The corporate bond market is showingsigns of recovery with a notableincrease in both the number of issuers and the value of issued bonds in March.
According to the Vietnam Bond Market Association (VBMA) thatcollected data from the Hanoi Stock Exchange (HNX) and the State SecuritiesCommission of Vietnam (SSC), there were 11 issue placements of corporate bonds worth over 26.42 trillion VND (over 1.1 billion USD) in March 2023.
The number was a significant increase compared to the value of 2trillion VND in February and 110 billion VND in January.
According to VBMA, the total value of bonds bought back beforematurity in March 2023 was nearly 14.3 trillion, up 137% over the previousmonth and up 64% over the same period last year.
Construction and consuming goods were two groups that recordedthe largest repurchase value in the month, reaching 5 trillion VND, accountingfor 35% of the total repurchase value, and 3.4 trillion VND, accounting for 24%of the total repurchase value.
In the first three months of this year, the total value of bondsbought back by businesses reached more than 29.86 trillion VND, 63% higher thanthe figure of the same period last year./.
