03/11/2022

The Government's promulgation of Decree 65/2022/ND-CP on private bond offering, experts believe that Vietnam's bond market will enter a more substantive stage of development, so that public enterprises Information disclosure and transparency continue to mobilize medium and long-term capital very effectively in the market.

Decree 65 has an important change on investors, requiring professional investors to have an average portfolio of at least VND 2 billion for at least 180 days. This regulation is to avoid the situation of circumventing the law causing many risks for retail investors as happened.

When there are more professional investors, it will attract more financial institutions, investment funds, pension funds as international practice. Because institutional investors will have more professional business health assessment processes and long-term vision than retail investors.

Mr. Nguyen Hung, General Director of TPBank shared that banks have always been professional investors. Banks are also allowed to receive collateral, so the investment in corporate bonds of banks will be a form of lending with a strict process. The function of getting collateral will make the investment safer, reducing the risk of capital.

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TienphongBank - Tienphong Joint–Stock Commercial Bank published this content on 03 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 November 2022 08:10:11 UTC.