The amount of bonds bought back before maturity decreased sharply in May.

As of the end of May 2024, according to statistics compiled by the Vietnam Bond Market Association (VBMA), there were only 19 private corporate bond issuances. The total issuance value was nearly VND 16.7 trillion. There were no public issuances.

The amount of corporate bonds bought back before maturity decreased by 68% compared to the same period last year (Photo TL)

Since the beginning of the year, there have been 58 private bond issuances with a total value of more than VND51 trillion. In addition, there have been 6 public issuances with a total value of VND9 trillion.

Notably, in May, the amount of corporate bonds bought back before maturity reached only VND9.2 trillion, down 68% compared to the same period last year. It is expected that from now until the end of 2024, VND164 trillion of bonds will mature.

Of these, the largest amount of maturing bonds is in the real estate industry with a value of nearly 70 trillion VND, accounting for 42.5% of the total value.

Regarding the situation of paying principal and interest on bonds, 10 enterprises announced new delays in paying principal and interest in the month. The total value of bonds with delayed principal and interest payments is VND 8.8 trillion. In addition, there are also 6 bond codes with extended principal and interest payment periods.

In the secondary market, the volume of corporate bonds traded has tended to increase. Specifically, in May alone, the volume of bonds traded reached VND98 trillion, equivalent to an average of VND4,435 billion per session, up 23% compared to the average of the previous month.

Source: https://www.congluan.vn/luong-trai-phieu-mua-lai-truoc-han-sut-giam-manh-trong-thang-5-post299152.html