Viet Nam’s local currency bond market grew 8.1 per cent from the previous quarter to US$99.5 billion. The faster expansion was driven by both the government and corporate bond segments.
Viet Nam’s local currency bond market grew 2.6 per cent to $52.9 billion in local currency terms in the second quarter of this year, after a 0.7 per cent expansion in the first quarter.
Viet Nam remained the smallest local currency bond market among nine economies of emerging East Asia, according to the latest edition of the Asian Development Bank’s (ADB) Asia Bond Monitor.