Eighty-two companies delay bond repayments in H1

August 01, 2023

During the second quarter of 2023, the total value of delayed bond repayments reached nearly VND24.3 trillion, contributing to an estimated overdue debt of VND183 trillion for the year thus far. These delayed payments constitute 17% of the overall outstanding corporate bond value. Despite persistent woes, the corporate bond market showed signs of improvement in the second quarter, backed by a surge in bond issues in June, totaling over VND30.6 trillion. Throughout this period, the real estate sector dominated bond issues, contributing to more than 50% of the total bond value issued since the beginning of the year. Techcombank and TPBank led the way with the highest bond issues, at VND8 trillion and VND3.8 trillion, respectively, followed by HDBank and OCB with VND2 trillion each.

The source of this news is from The Saigon Times