The real estate sector has witnessed a surge in corporate bond issuances worth a total of VNĐ30 trillion (US$1.22 billion) in the third quarter of 2023, a move aimed at debt restructuring rather than capital raising.
The State Treasury last week raised VND5 trillion (US$216.6 million) through bond issuance with interest rates losing 11-37 basis points per annum on four terms.