Corporate Bond Market Review - September 2024

Research date: 17/10/2024
This is an abstract of the Research Reports. Please click 'View Online' or 'Download' to access the full report
September 2024 is the first month since October 2021 that no new defaults have been recorded. The cumulative default rate as of the end of September 2024 was 14.8%, continuing the decline trend from Q1 2024. New issuances in September 2024 amounted to VND 55.9 trillion, contributing to the total new issuances year-to-date of VND 334 trillion. The market turnover increased to 9% of outstanding bonds from 8% in the prior month.
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