Noted in the corporate bond market , in recent times, many businesses issuing bonds have applied quite high interest rates to attract investors. Some businesses list interest rates of up to 10-14%, double the current interest rate on bank deposits.
According to records, real estate is the group of businesses with the highest interest rates, up to 10-14/year. Typically, North Star Holdings Joint Stock Company's interest rate on a batch of bonds is 14%/year; Khai Hoan Land's bond lots have the highest interest rate up to 13.5%...
In general, the interest rates that real estate businesses issue are quite attractive for the first periods, the later periods are usually at 4-4.5% plus the average 12-month savings interest rate of the Big 4 banking group. …
The group of securities companies also issues bonds with interest rates up to 8-9.5%. Typical examples include Petroleum Securities (8.9%), Bao Minh Securities (9.5%), Rong Viet Securities (8%)...
In contrast, the average bank bond interest rate is about 4 - 6%/year, quite low compared to the bond interest rates of other industry groups.
In addition, some banks' bonds have interest rates close to 8%/year such as Ho Chi Minh City Development Commercial Joint Stock Bank (HDBANK), the interest rates of some bond lots are at 7.47%, 7 ,8 years; Viet A Commercial Joint Stock Bank (VietABank) interest rate is 7.2%/year...
Although it is bringing twice as much profit as bank savings, this investment channel has not yet become vibrant again. Statistics on HNX, the total value of newly issued bonds in the first half of 2024 reached 116,422 billion VND. While in the year bonds peaked (2021), the whole market recorded a total of 964 domestic issuances with a total value of VND 595,000 billion.
