25.6 C
Ho Chi Minh City
Wednesday, July 17, 2024

Hanoi bourse to introduce private placement for corporate bond trading

By N. Tan

Must read

HCMC – The Hanoi Stock Exchange (HNX) has announced its plan to launch a system that will enable corporate bonds to be traded through private placement.

Once implemented, around 1,600 corporate bonds will be listed on the system, according to the market operator.

The introduction of this system is expected to create a secure trading environment and enhance transparency in the sale of corporate bonds.

It will ensure that buyers are held accountable for their transactions and enable regulatory authorities to monitor corporate bond issuances, thus promoting the growth of the corporate bond market.

In addition, bond issuers will be required to disclose relevant information about their bonds, including legal risks, investment risks, capital risks, as well as the rights, benefits, and obligations of both issuers and buyers. They will also bear responsibility for the accuracy of the information provided in their announcements and registration documents for bond listings.

More articles


Please enter your comment!
Please enter your name here

Latest articles