Liquidity of private placement for corporate bonds doubles in Sept

Your browser does not support the audio element. In September, the total trading volume of private bond for corporate bonds of the entire market were nearly  三 七. 一 million bonds. An employee of BaoViet Bank performs a transaction at its office in Hà Nội. VNA/VNS Photo

HÀ NỘI — After more than two months of operation of the trading platform for private placement corporate bonds, another  五 六 corporate bond codes were registered to be traded on the system last month, with the transaction value doubling that of August, said the Hà Nội Stock Exchange (HNX).

In September, the total trading volume of private bonds for corporate bonds of the entire market was nearly  三 七. 一 million bonds.

The total trading value of private placement for corporate bonds reached nearly VNĐ 九. 五 trillion (US$ 三 八 八. 四 million), equal to an average value of more than VNĐ 九 九. 二 二 billion per session, nearly double that of the previous month.

Specifically, bonds with the highest trading value were those of VinFast Trading and Production JSC with nearly VNĐ 三. 七 trillion, followed by bonds of Luxury Living Furniture Trading Company Limited with a trading value of over VNĐ 二. 六 trillion, BIDV's bonds of VNĐ 一. 一 一 trillion, and Vietcombank's bonds of VNĐ 八 二 二. 四 三 billion.

As of the end of September,  一0 二 corporate bond codes of  二 九 issuers were traded on the trading system at HNX.

During the period, the largest issuers were VinFast Trading and Production JSC with a registered trading value of VNĐ 一 四. 一 二 trillion, Capitaland Tower Company, VPBank (VNĐ 一0. 六 八 trillion), and Vietcombank (VNĐ 七. 二 四 trillion).

HNX recorded four more members joining the system last month, including VPBank, Tiền Phong Securities Corporation, BIDV Securities Company, and DNSE Securities JSC, bringing the total number of members to  一 三.

On the primary market, there were  二 六 successful issuances of private placement for corporate bonds on the domestic market with an issuance value of more than VNĐ 二 九 trillion.

HNX cooperated with Vietnam Securities Depository and Clearing Corporation in mid-September to organise a conference to disseminate regulations on bond registration, depository, and trading registration of private issuance for corporate bonds. The aim was to disseminate and guide the implementation of relevant regulations on participating in the private corporate bond market.

At the conference, Nguyễn Hoàng Dương, Deputy Director General of the Department of Banking and Financial Institutions (Ministry of Finance), said that the private issuance for corporate bond trading system had helped enhance market liquidity, while the data on the system would serve the post-inspection work of state management agencies for violations that may arise in the market. — VNS