According to data compiled by the Vietnam Bond Market Association (VBMA) from HNX and SSC, as of the information announcement date of August 31, 2023, there were 22 private corporate bond issuances recorded in August with a total value of VND 25,055 billion, but there were no public issuances. The issuances had an average interest rate of 9.4%/year, with an average term of 5.7 years.
Accumulated from the beginning of the year until now, in the market, the total value of corporate bond issuance recorded is 132,358 billion VND, including 17 public issuances worth 16,476 billion VND (accounting for 12.4% of the total issuance value) and 101 private issuances worth 115,882 billion VND (accounting for 87.6% of the total).
Of which, the banking sector accounted for the majority with VND53,931 billion (accounting for 40.7%) of issued bonds, followed by the real estate group with VND46,765 billion (accounting for 35.3%).
According to VBMA data compiled from HNX, enterprises bought back VND17,489 billion of bonds in August 2023. The total value of bonds bought back by enterprises before maturity has accumulated since the beginning of the year to reach VND164,867 billion (equivalent to an increase of 34% over the same period in 2022). Banks still maintain their position as the leading industry group in terms of buyback value, accounting for 46.7% of the total value of early buybacks (equivalent to VND76,968 billion).
In the remainder of 2023, the total value of bonds due to mature according to VBMA statistics is VND 129,287 billion. The structure of maturing bonds includes 44.4% of the value of bonds about to mature in the Real Estate group with more than VND 57,400 billion, followed by the Banking group with VND 31,861 billion (accounting for 24.6%).
In the coming time, there are 2 batches of bonds planned to be issued by Vingroup Corporation and Petroleum Securities Corporation. Specifically, Vingroup's Board of Directors has approved the plan to issue 350 million USD in non-convertible bonds, without warrants, without collateral, with a term of 5 years, with an expected face value of 200,000 USD/bond, with fixed, floating or combined interest rates, depending on market conditions.
Along with that, the Board of Directors of Petroleum Securities Corporation approved the private issuance plan with a total issuance value of VND 50 billion, a maximum of 500 bonds. These are non-convertible bonds, without warrants, without collateral, with an expected term of 36 months, and a fixed interest rate of 9.95%/year .
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