Admin, Day 18/01/2020 at 10:41
The bond market is growing, becoming an attractive investment channel, fast liquidity, bring high profitability and relatively safe for Investors. Are you learning about the bond market? Are you considering investing in this financial product? Safeinvest would like to introduce to investors some facts about Vietnam's bond market:
1. The number of corporate bond issuers is not much: Vietnam has 41 corporate bond issuers, accounting for a negligible percentage compared to 561,064 active enterprises (as of December 31, 2017). and 1,692 enterprises listed / registered for trading on the stock exchange.
2. Industry structure - Leading bank and real estate:
The banking sector accounted for the highest proportion with 26.7%, followed by real estate (21.6%), manufacturing (13.8%), agriculture (12.9%) and construction (12 , 7%).
3. Type of bonds - Mainly bonds:
74.7% are ordinary bonds, that is, non-convertible bonds, without warrants, the remaining 25.3% are convertible bonds.
4. Term structure - Mostly under 5 years:
Term structure: In 95 monitoring bonds, there are 78 bonds with terms from over 1 year to 5 years, the value of bonds issued is VND 51,085 billion, accounting for 71.2% of the total value of bonds issued.
5. Bond listing - Playground of the big guys:
Currently, there are only 28 corporate bonds listed on the Ho Chi Minh Stock Exchange (HOSE). These are all bonds issued to the public by corporations or businesses in the system of large corporations such as Vingroup, Masan, Thanh Thanh Cong, Novaland, Kinh Bac Urban Development Corporation, and Infrastructure Investment JSC. HCM City