Nearly 74,000 billion VND of real estate bonds are waiting to mature from now until the end of the year.

The Vietnam Bond Market Association (VBMA) has just announced the Bond Market Report stating that in April 2024, compiled from HNX and SSC, as of the date of information announcement, there were 12 private corporate bond issuances with a total value of VND 12,100 billion.

Accumulated from the beginning of 2024 to present, the total value of corporate bond issuance is recorded at VND 36,088 billion, including 6 public issuances worth VND 8,878 billion (accounting for 24.6% of the total issuance value) and 30 private issuances worth VND 27,210 billion (accounting for 75.4% of the total).

Of which, Real Estate is the industry group with the largest issuance with 17,394 billion VND (equivalent to 48.2% of the total issuance value), followed by the Banking industry group with 12,666 billion VND (accounting for 35.1% of the total issuance value).

Since the beginning of the year, the total value of bonds bought back before maturity has reached VND 37,054 billion, down 29.7% over the same period in 2023. Banking is the leading industry group, accounting for 43.8% of the total value of early buybacks (equivalent to about VND 16,213 billion).

In the remainder of 2024, the total value of bonds due is VND 180,457 billion. The structure has up to 41% of the value of bonds due to belong to the Real Estate group with about VND 73,736 billion, followed by the Banking group with nearly VND 38,097 billion (accounting for 21%).

In the near future, there are 3 units that have planned to mobilize capital from the bond channel. First, the Board of Directors of Ho Chi Minh City Development Joint Stock Commercial Bank has approved the plan to issue individual bonds in phase 1 in 2024, divided into phase 1 and phase 2 with a total maximum value of VND 8,000 billion and VND 12,000 billion, respectively.

Along with that, the Vietnam Joint Stock Commercial Bank for Investment and Development has also approved the plan to issue individual bonds in phase 1 in 2024 with a maximum total value of VND 8,000 billion. These are non-convertible bonds, without warrants, without collateral, with a face value of VND 100 million/bond and expected to have a term of over 5 years.

In addition, Binh Duong Minerals and Construction Joint Stock Company has approved a plan to issue private bonds with a maximum total value of VND 300 billion. These are non-convertible bonds, without warrants and with collateral .

Source: https://www.nguoiduatin.vn/gan-74000-ty-dong-trai-phieu-bds-cho-dao-han-tu-nay-den-cuoi-nam-a662815.html