Banking sector remains largest bond issuer đăng nhập bet88 9M

The banking sector was the largest issuer of corporate bonds đăng nhập bet88 the first three quarters of 2024 with bond value worth over VND245.4 trillion (.8 billion), surging 188% compared to the same period last year, and accounting for 74% of the total, according to the MB Securities (MBS).

Joint stock commercial banks that recorded the biggest value of bond issuance include ACB with VND29.8 trillion (.19 billion), Techcombank VND26.7 trillion (.06 billion) and OCB VND24.7 trillion (8 million).

The annual average interest rate was 5.6%.

đăng nhập bet88 September alone, the sector accounted for 85% of the total amount of corporate bond issuance which was estimated at over VND71.6 trillion (.8 billion).

Joint stock commercial banks are believed to increase the issuance of corporate bonds đăng nhập bet88 order to enhance their mid- and long-term capital sources to meet increasing capital demand from businesses.

The MBS forecast that the issuance of corporate bonds đăng nhập bet88 the fourth quarter will be more robust as businesses’ capital demand expected to rise significantly amid the context of the “warmer” real estate market and increasing need for production and trade expansion following the economic recovery.