HANOI: The scale of capital mobilisation through corporate bonds is forecast to decrease sharply, but there will be a drastic change in quality, according to a study on the corporate bond market by FiinRatings.
A number of violations related to corporate bonds handled recently, along with ongoing policy changes, including the State Bank of Vietnam (SBV’s) Circular 16 on regulations on bond trading by credit institutions and the changes and additions expected to be included in the draft Decree 153 on private placement, are likely to make the corporate bond market significantly reduce in size by 2022, said FiinRatings.