Asia Commercial Joint Stock Bank (ACB ) has just announced the results of the first and second bond issuance in 2024. Accordingly, ACB has issued to the market bond code ACBL2426008 with a total value of 1,500 billion VND.
The above bond code was issued on August 22, 2024, with a term of 2 years and expected to mature on August 22, 2026. The issuance interest rate is 5.5%/year.
On the same day, Vietnam Joint Stock Commercial Bank for Industry and Trade ( VietinBank ) also informed about mobilizing 125 billion VND of bonds code CTGL2439010 in the domestic market, the issuance date is August 23, 2024, term is 15 years, expected to mature in 2039. The issuance interest rate is 6.5%/year.
This year, VietinBank also plans to issue two public bonds in 2024 with a total of 80 million bonds. Each bond has a face value of 100,000 VND. The total value of the two bond issuances is equivalent to 8,000 billion VND.
Banks continuously mobilize bonds in the last days of August 2024.
In both issuances, the bank plans to mobilize two bond codes: XTG2432T2 with a value of VND 3,000 billion, 8-year term and bond code CTG2343T2 with a value of VND 1,000 billion, 10-year term.
All of the above bonds are non-convertible, without warrants, without collateral and satisfy the conditions to be included in VietinBank's tier 2 capital according to current legal regulations.
On August 23, Loc Phat Vietnam Commercial Joint Stock Bank ( LPBank ) also issued to the market the LPBL2431001 bond lot with a total face value of VND 400 billion, a term of 7 years, expected to mature in 2031. The issuance interest rate is 7.58%/year.
Tien Phong Commercial Joint Stock Bank (TPBank) also mobilized 2 lots of bonds TPBL2434009 and TPBL2427010 with values of 384 billion VND and 2,000 billion VND respectively. Bond code TPBL2434009 was issued on August 23, with a term of 10 years, expected to mature in 2034. The issuance interest rate is 6.68%/year.
Lot TPBL2427010 issued on August 26, 3-year term, expected to mature in 2027. Issue interest rate 5.1%/year.
In addition, Vietnam International Commercial Joint Stock Bank (VIB ) announced the issuance of VND2,000 billion of bonds VIBL2427003 on August 28.
The bonds have a term of 3 years, expected to mature in 2027. The issuance interest rate is 5.2%/year.
On August 28, Orient Commercial Joint Stock Bank (OCB) issued 600 billion VND in bonds code OCBL2427012, with a term of 3 years, expected to mature in 2027. The issuance interest rate is 5.5%/year.
OCB is one of the banks most actively mobilizing capital from the bond channel in 2024 up to now.
From June to August 2024, this bank issued a total of 13 bonds to the market with a total value of VND 13,400 billion. In August 2024 alone, OCB successfully mobilized 6 bonds with a total value of VND 6,600 billion.
At the same time as OCB and VIB, Vietnam Maritime Commercial Joint Stock Bank (MSB) successfully mobilized bond code MSBL2427006 with a total value of 1,000 billion VND. Term of 3 years, expected to mature in 2027. Issue interest rate 5.3%/year.
Statistics from MBS Research show that since the beginning of the year, the total value of corporate bonds issued has reached more than VND220,800 billion, up 50.4% over the same period. The average corporate bond interest rate in the first 8 months of the year is estimated at about 7%, lower than the average of 8.3% in 2023.
Banking is still the industry group with the highest issuance value with about 159,200 billion VND, up 163% over the same period, accounting for 72% of the total value of issued bonds, average interest rate of 5.5%/year, average term of 4.3 years.
According to FiinRatings , commercial banks dominated the primary market with issuance value in July 2024 reaching over VND27,000 billion. The banking group continued to play a major role in bond repurchase activities last month, accounting for 90% of the total scale of nearly VND32,100 billion.
Source: https://www.nguoiduatin.vn/ngan-hang-don-dap-phat-hanh-trai-phieu-vao-cuoi-thang-8-2024-204240831112116781.htm
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