VDSC: Board resolution on issuing corporate bonds
Viet Dragon Securities Corporation (VDSC) announces the Board resolution dated January 12, 2022 on issuing corporate bonds as follows:
| Attached Files: |
| 20220117_VDSC 220117 Board resolution on issuing corporate bonds.pdf |
HOSE
As the corporate bond market has shown signs of fast growth, this capital mobilisation channel will be closely inspected and controlled this year.
As the corporate bond market has shown signs of fast growth, some capital mobilisation through bonds did not comply with the provisions of the law.
The corporate bond market is being promoted to reduce the burden on medium and long-term capital at commercial banks.
Nhat Tin Logistics has successfully issued VND50 billion ($2.17 million) corporate bonds under a private placement to step up its expansion plan.
On an annual basis, the bond market expanded 23.5% year-on-year in the third quarter, slowing from 27.5% year-on-year growth in the second one.
Banks are showing strong desire in bond issuance activities, while real estate developers have lowered the extent of their bond-related capital mobilisation efforts.
Such an amount would be used to finance economic recovery plans.
The Ministry of Finance is taking measures to better develop the corporate bond market safely and effectively.
Vietnamese banks and real estate developers are foraying into the corporate bond arena as it is offering attractive yields for their portfolio diversification...
The market did not witness a mobilization race between banks this year, although capital mobilization increased slowly. The main reason is due to redirection of...
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Vietstock – The financial and securities information portal officially went live on August 2, 2002, with the goal of becoming a reliable companion on every investor’s journey. From the very beginning, Vietstock has continuously strived to deliver a comprehensive ecosystem of financial information and data that is accurate, timelys, and complete – empowering investors to gain clear insights, broaden their perspectives, and make confident decisions throughout their investment journey.
81/10B Ho Van Hue Street,
Duc Nhuan Ward, HCM City, VN
Vietstock – The financial and securities information portal officially went live on August 2, 2002, with the goal of becoming a reliable companion on every investor’s journey. From the very beginning, Vietstock has continuously strived to deliver a comprehensive ecosystem of financial information and data that is accurate, timelys, and complete – empowering investors to gain clear insights, broaden their perspectives, and make confident decisions throughout their investment journey.
81/10B Ho Van Hue Street,
Duc Nhuan Ward, HCM City, VN
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