Private bond market grows stably after first month operation

Your browser does not support the audio element. As of August  一 八, the market's total liquidity reached VNĐ 五. 七 六 trillion, equivalent to a trading volume of over  二 三. 三 million bonds. The privately-placed corporate bond trading system has operated safely and smoothly since it launched on July  一 七. — Photo vietnamplus.vn

HÀ NỘI — After one month of operation, the privately-placed corporate bond trading system at the Hà Nội Stock Exchange (HNX) has seen growth in size and stability in liquidity, said HNX. 

The system, which started running on July  一 七, has operated safely and smoothly, without technical problems.

From  一 九 bond codes at the first trading session, there are  三 一 bonds from five companies that are now being traded on the HNX trading system. 

BIDV, Vietcombank, VinFast Trading and Production JSC, Transport and Industry Development Investment JSC, and Phan Vũ Investment Corporation are among the businesses. Vietcombank, in particular, has the highest registered trading volume of VNĐ 七. 二 四 trillion (US$ 三0 一. 七 million) with  一 五 bond codes.

As of August  一 八, the market's total liquidity reached VNĐ 五. 七 六 trillion, equivalent to a trading volume of over  二 三. 三 million bonds.

The trading volume averaged  一 million bonds for each session, worth VNĐ 二 五0. 六 billion per session. Of which, Vietcombank bonds had the highest trading value of over VNĐ 三. 四 trillion, followed by BIDV bonds with a trading value of VNĐ 一. 八 trillion.

Up to now, domestic investors accounted for  一00 per cent of the market's transactions.

Statistics showed that there were  一 六 issuances of privately-placed corporate bonds in June, worth VNĐ 七. 六 trillion while July recorded  三 二 bond issuances totaling VNĐ 二 八. 七 五 trillion, according to HNX. Since the beginning of August,  一 八 batches of privately-placed corporate bonds have been released, worth over VNĐ 二 九. 八 trillion.

According to HNX, the bond trading system has eight securities company members. And  一 五 more securities firms and one co妹妹ercial bank are completing the documents to be a part of the market. — VNS