More than USD6.8 billion mobilised through private bond placement in first 8 months

21-Sep-2019 Intellasia | Bao Dau tu | 6:02 AM Print This Post

According to the newly published statistics of the Hanoi Stock Exchange (HNX), the value of successful issuances in the first eight months of the year reached 157.901 trillion dong, equivalent to 6.8 billion US dollars with an average term of 4.49 years.

In total, 136 businesses raised capital through private bond placement. The successful volume accounted for 66 percent of the total registered volume (approximately 10 billion US dollars). The number of issuances was 394, out of the registered number of 534 times.

In August alone, 33 businesses issued bonds and grossed 26.629 trillion dong with an average issuance term of 3.6 years. Two-year term was most issued (11.041 trillion dong), followed by three-year term (8.520 trillion dong). Long terms of nine to 10 years recorded over 3.7 trillion dong of mobilisation.

According to statistics, in August, banks were the organisations which mobilised the largest value of bonds with 10.304 trillion dong. Real estate businesses also raised up to 3.771 trillion dong, at an average interest rate of 10.58 percent and an average term of 2.26 years. Securities companies mainly issued medium-term bonds (average term of 1.17 years). The total mount securities companies called through this channel reached nearly 630 billion dong.

No business issued international bond in the last month. The private bond placement worth 300 million US dollars of Vietnam Prosperity Commercial Joint Stock Bank (VPBank) in July was the only case that called for foreign capital in the first eight months of 2019. There are a total of five international bond issuances registered at an expected mobilisation scale of 1.75 million US dollars, but four issuances are not yet implemented.


Category: Finance, Vietnam

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