HANOI, July 9 (Xinhua) -- Some 40 companies in Vietnam have issued 110.2 trillion Vietnamese dong (4.33 billion U.S. dollars) worth of bonds in the first half of 2024, up 2.6 times year-on-year, VnExpress reported Tuesday, citing the Ministry of Finance.
Credit institutions accounted for more than 63 percent of the value and property firms for almost 29 percent, said the report.
The average term of these bonds is 3.78 years and the coupon rate is 7.41 percent.
Nearly 140 trillion dong (5.5 billion dollars) worth of bonds are due for redemption in the remainder of the year, according to the Vietnam Bond Market Association. ■
