Bonds worth nearly VND5.8 trillion traded in new trading system

August 23, 2023

HCMC – The newly introduced trading system for privately-placed corporate bonds has facilitated transactions totaling around VND5.8 trillion since it was launched last month, according to the Hanoi Stock Exchange (HNX). Within the system’s first month of operation, 31 bond codes from five enterprises have been registered for transactions in the corporate bond trading system. On average, a trading volume of one million bonds per session was achieved, with a trading value of VND250.6 billion. Notably, Vietcombank bonds dominated the trading value at VND3.4 trillion, followed by BIDV bonds with a trading value exceeding VND1.8 trillion. Introduced by the HNX on July 19, the trading system for privately-placed corporate bonds aims to enhance liquidity in the corporate bond market and reduce risks for investors involved in such transactions.

The source of this news is from The Saigon Times