HCMC – Vietnam’s real estate sector will have bonds worth over VND34 trillion falling due in the final quarter of 2024, which is 43.5% of the total VND78.9 trillion in corporate bonds due during that time.
The Vietnam Bond Market Association (VBMA) reports that in 2024, total bond maturities near VND79 trillion, with real estate bonds facing the greatest pressure. Banks will have around VND8.5 trillion in bonds due in Q4, or 10.8% of the total.
In the year through October 4, the total value of bonds issued via private placement had reached VND750 trillion.
Meanwhile, VND144 trillion worth of bonds were bought back before maturity, down by 21.1% year-on-year.
The banking sector topped pre-maturity bond buybacks, representing 72.5% of the total equivalent to some VND104.4 trillion.
By late September, over 100 issuers had reached agreements with bondholders to extend payment deadlines, totaling more than VND155 trillion in extended corporate bonds.
In 2025, corporate bond maturities are expected to reach nearly VND180 trillion, which is only 5% lower than in 2024, with most due in Q3 and Q4.
