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.
In 2021, corporate bond yields were at their lowest level in history at just 7.86 per cent a year. The interest rate may have d a bottom and will support corporate bond yields inching up in 2022.
Interest rates for deposits and loans and bond yields have remained relatively steady since the end of January, as inflation is under control and foreign exchange rate is stable.
