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Vietnam eases corporate bond regulations: govt

Vietnam eases corporate bond regulations: govt

Monday, March 06, 2023, 14:33 GMT+7
Vietnam eases corporate bond regulations: govt
Vietnam has amended its corporate bond regulations. Photo: Quang Dinh / Tuoi Tre

Vietnam amended its corporate bond regulations on Sunday, the government said, in a move to ease pressure on issuers facing a credit crunch.

Domestic bond issuers can now negotiate with bond holders to make their principal and interest payments in assets, instead of only cash, according to a government decree issued on Sunday.

The amended regulations also allow issuers to extend the maturities of the bonds by up to two years, the government said.

According to the decree, bonds issued to the public will not be subject to compulsory credit ratings at least until the end of this year, it added.



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