VietFinanceNews.com - Over VND30 trillion or $1.5 billion worth of bonds will mature in the first quarter of this year, the local online newspaper Saigon Dau Tu quoted Andy Ho, Managing Director and Head of Investment Division of Vinacapital, as saying.
Government bond yields will slip in 2012 as the country’s consumer price index (CPI) tends to ease these days with interest rates being closely regulated, Ho projected, suggesting that commercial banks should continue reinvesting in bonds after those bonds mature.
Last year, the domestic bond market (government and corporate bonds) grew by 22.2%.