The total value of corporate bonds issued in Vietnam reached nearly VND322.3 trillion ($12.2 billion) in the first seven months of 2026, up 2.7% from the same period last year, according to MB Securities.
Private placements continued to dominate, accounting for 86.6% of total issuance, or approximately VND279.1 trillion.
The banking sector recorded the largest issuance volume at VND156 trillion, down 34.5% year on year and accounting for 48.5% of the total. The average maturity increased to 5.2 years, with bonds with maturities of five to 10 years making up 48% of total issuance.
Real estate companies accounted for 43.8% of total issuance, with VND141.1 trillion worth of bonds issued, representing a sharp 224% increase from the same period last year. The average maturity of real estate bonds stood at 3.3 years.
Corporate bond yields continued to rise during the period. The weighted average issuance interest rate across the market was estimated at around 9.5% in the first seven months, up 270 basis points from 6.8% recorded in the same period of 2025.
Meanwhile, companies repurchased approximately VND168.8 trillion worth of corporate bonds ahead of maturity during the seven-month period, an increase of 11% year on year. Banks accounted for the bulk of early redemptions, representing 86.5% of the total and rising 49.7% from a year earlier.
An estimated VND30.9 trillion worth of corporate bonds are due to mature in the third quarter of 2026, down 47% year on year. Real estate bonds account for the largest share, at around 61%, or VND18.9 trillion.
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