Tin Thị Trường
Danh mục
Tin Thị Trường
Tin ASAM
Sự kiện Asam
Danh Sách Chứng Chỉ Hành Nghề
Daily Market Summary
FEB 19
3) Corporate bonds issued in 2024:
According to data consolidated by VBMA as of 02/02/2024, there were 2 issuances of corporate bonds under private placement in January 2024 with the issuing value of VND 1,650 billion and one public offering worth VND 2,000 billion. Compared to the previous months, the issuance value decreased significantly from an average of about VND 43 trillion, equivalent to a decrease of 91%. These issuances had an average coupon rate of 10.7%/year, the average tenor was 5.25 years.
January also had an announcement of corporate bonds issued to the public worth VND 2,813 billion by Ho Chi Minh City Infrastructure Investment JSC, this bond was issued in December 2023, but the distribution was completed in January. The bond was convertible with a coupon rate of 10.5%/year for the first 4 periods and floated in the following periods.
In January 2024, corporates redeemed VND 7,394 billion of corporate bonds, 30.1% lower compared to the same period of 2023. In 2024, VND 279,219 billion of corporate bonds will reach maturity. Real estate bonds account for the largest share, VND 115,663 billion, equivalent to 41.4%. 7 issuers announced late interest/principal payments in the month with a total value of VND 8,432 billion (including interest and the remaining value of the bonds) and 5 bond codes had maturities extended.
Corporate bond issuance plan in 2024
Thanh Thanh Cong - Bien Hoa JSC
The Board of Directors of Thanh Thanh Cong - Bien Hoa JSC has announced the plan to issue corporate bonds in the first quarter of 2024 with a total value of VND 500 billion. These bonds are non-convertible, without warrant, and secured. The expected face value would be VND 100 million/bond with a 3-year term to maturity.
The coupon rate will be fixed at 11%/year in the first two periods. For the remaining periods, the rates = reference rates + 3.85%/year.
Viet Capital Bank
The Board of Directors of Viet Capital Bank has approved the plan to privately issue bonds in 2024, with a total value of VND 5,600 billion divided into 6 batches.
These bonds are non-convertible, non-warrant, and secured. The expected face value would be VND 100,000/bond with an 8-year term to maturity, and the fixed coupon rate would be 8%/year.