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Bond maturity pressure in Vietnam forecast to peak in Q4

0 Comment(s)Print E-mail Xinhua, October 17, 2024
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HANOI, Oct. 17 (Xinhua) -- The fourth quarter will mark the peak in bond maturities for 2024 in Vietnam with the real estate sector facing the most significant burden at over 43 percent, Vietnam News reported on Thursday, citing analysts.

The corporate bond issuances in Vietnam totaled nearly 312.1 trillion Vietnamese dong (12.3 billion U.S. dollars) as of Oct. 4, according to the Vietnam Bond Market Association.

For the remaining part of 2024, nearly 78.9 trillion dong (3.1 billion dollars) worth of bonds is set to mature, with approximately 43.5 percent of these bonds falling under the real estate sector, totaling over 34.3 trillion dong (1.3 billion dollars), followed by the banking sector with nearly 8.5 trillion dong (337.3 million dollars) or 10.8 percent.

Nguyen Ba Khuong, head of the Investment Advisory Center at VNDirect, predicted that the pressure from corporate bond maturities in 2025 was also significant, with nearly 180 trillion dong (7.14 billion dollars) in corporate bonds set to mature. Enditem

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