By Philip Ziter - Lawyer, Russin & Vecchi With banks lowering interest rates, retail investors have shown increased appetite for corporate bonds, which offer rates ranging from 10.1 to 11.2 per cent for bonds, with maturities ranging from 12 months to five years. With rates between 1.8 and 4 percentage points higher than deposit interest rates offered by major banks, the appeal to investors is clear. Thus, there is a growing trend of companies moving from taking on bank credit to issuing private placements of bonds – with issuances often amounting to several times the equity of the businesses. … [Read more...] about Government urges caution on corporate bond risks
Where are corporate bonds issued
Corporate bond activity welcome as market shocks persist unabated
“Bond issuance, one of the major sources of capital for businesses, is in accordance with the law. Bank loans cannot be the only permanent source for financing, especially for long-term capital,” said Truong Thanh Duc, chairman of law firm BASICO. … [Read more...] about Corporate bond activity welcome as market shocks persist unabated
Investors still pouring money into corporate bonds, despite warnings
Corporate bond issuance expected to drop after new policies take effect Warnings from management agencies plus new policies that take effect soon will make it more difficult to issue corporate bonds, a capital mobilization channel that was worth $8.5 billion in the first seven months of the year. … [Read more...] about Investors still pouring money into corporate bonds, despite warnings
Individual investors wary of corporate bonds
A person holds packets of Vietnamese banknotes. After warnings from the Ministry of Finance over the corporate bond market, individual investors have become more cautious - PHOTO: THANH HOA HCMC – After warnings from the Ministry of Finance over the corporate bond market, individual investors have become more cautious, leading to a 41.1% slump in the total issuance volume in July compared with the previous month. … [Read more...] about Individual investors wary of corporate bonds
Businesses race against the clock to issue bonds
Corporate bond issuance expected to drop after new policies take effect Warnings from management agencies plus new policies that take effect soon will make it more difficult to issue corporate bonds, a capital mobilization channel that was worth $8.5 billion in the first seven months of the year. … [Read more...] about Businesses race against the clock to issue bonds
