8 months of private corporate bond issuance increased by 47.3% over the same period

(Chinhphu.vn) - In the first 8 months of 2025, 66 enterprises issued individual corporate bonds (TPDN), with a total volume of about 322.1 trillion VND, an increase of 47.3% over the same period in 2024.

In 8 months, the issuance of individual corporate bonds increased by 47.3% over the same period.

Individual corporate bonds have a total volume of about 322.1 trillion VND.

According to the Ministry of Finance , in the first 8 months of 2025, 66 enterprises issued individual corporate bonds (TPDN), with a total volume of about 322.1 trillion VND, an increase of 47.3% over the same period in 2024.

By type of issuing organization, credit institutions accounted for 70.4% of the total volume; real estate enterprises accounted for 20.8%; enterprises in other fields accounted for 8.8%.

Of which, the value of corporate bonds with guaranteed terms reached 67.1 trillion VND, accounting for 20.8% of the issuance volume.

The volume of corporate bonds repurchased before maturity in 8 months reached VND 177.8 trillion, up 45.9% over the same period in 2024.

As of August 30, 2025, the outstanding debt of individual corporate bonds is about 1.1 million billion VND, equivalent to 9.8% of GDP in 2024, and accounting for 6.6% of the economy 's outstanding credit.

In terms of investor structure, institutions account for a large proportion with 81.9% of the total volume of individual corporate bonds. Individual investors hold 18.1%, down 10 percentage points compared to the end of 2023.

Government bond issuance volume reached 47.7% of the yearly plan.

In the first 8 months of 2025, the volume of government bonds issued reached VND238.7 trillion, equivalent to 47.7% of the annual plan (VND500 trillion). The average issuance term of government bonds was 9.98 years, down 1.14 years compared to the average in 2024.

The average issuance interest rate is 2.98%/year, an increase of 0.46 percentage points compared to 2.52%/year in 2024.

As of August 30, 2025, outstanding government debt will reach VND 2.5 million billion, equivalent to 21.8% of GDP in 2024.

Regarding the investor structure, Vietnam Social Security and insurance companies continue to be the main holding group with a proportion of 62.1%. The commercial banking sector accounts for 37.1% of the outstanding Government bonds, while securities companies, fund management companies and other organizations hold about 0.8%.

Mr. Minh

Source: https://baochinhphu.vn/8-thang-phat-hanh-trai-phieu-dn-rieng-le-tang-473-so-voi-cung-ky-102250905174411621.htm