8 months of private corporate bond issuance increased 47.3% over the same period

(Chinhphu.vn) - In the first 8 months of 2025, 66 enterprises issued individual corporate bonds (TPDN), with a total volume of about 322.1 trillion VND, an increase of 47.3% over the same period in 2024.

In 8 months, the issuance of individual corporate bonds increased by 47.3% over the same period.

Individual corporate bonds have a total volume of about 322.1 trillion VND.

According to the Ministry of Finance , in the first 8 months of 2025, 66 enterprises issued individual corporate bonds (TPDN), with a total volume of about 322.1 trillion VND, an increase of 47.3% over the same period in 2024.

By type of issuing organization, credit institutions accounted for 70.4% of total volume; real estate enterprises accounted for 20.8%; enterprises in other fields accounted for 8.8%.

Of that total, the value of corporate bonds with collateral reached VND 67.1 trillion, accounting for 20.8% of the total issuance volume.

The volume of corporate bonds repurchased before maturity in 8 months reached VND 177.8 trillion, up 45.9% over the same period in 2024.

As of August 30, 2025, the outstanding debt of individual corporate bonds is about 1.1 million billion VND, equivalent to 9.8% of GDP in 2024, and accounting for 6.6% of the economy 's credit balance.

In terms of investor structure, institutions account for a large proportion with 81.9% of the total volume of individual corporate bonds. Individual investors hold 18.1%, down 10 percentage points compared to the end of 2023.

Government bond issuance volume reached 47.7% of the annual plan.

In the first 8 months of 2025, the volume of Government bonds (G-bonds) issued reached VND238.7 trillion, equivalent to 47.7% of the annual plan (VND500 trillion). The average issuance term of G-bonds was 9.98 years, down 1.14 years compared to the average in 2024.

The average issuance interest rate is 2.98%/year, an increase of 0.46 percentage points compared to 2.52%/year in 2024.

As of August 30, 2025, outstanding government bonds will reach VND 2.5 trillion, equivalent to 21.8% of GDP in 2024.

Regarding the investor structure, Vietnam Social Security and insurance companies continue to be the main holding group with a proportion of 62.1%. Commercial banks account for 37.1% of the outstanding Government bonds, while securities companies, fund management companies and other organizations hold about 0.8%.

Mr. Minh

Source: https://baochinhphu.vn/8-thang-phat-hanh-trai-phieu-dn-rieng-le-tang-473-so-voi-cung-ky-102250905174411621.htm