Businesses prefer issuing corporate bonds to borrowing from banksVietNamNet Bridge - With reasonable interest rates, corporate bonds have become more attractive to businesses than bank loans. With reasonable interest rates, corporate bonds have become more attractive to businesses than bank loans. The capital to be mobilized will be used to enlarge the operation scale.Techcombank Securities has announced the plan to issue TCBond Novaland in August. The 1-year bonds have the investment interest rate of 8 percent per annum and will be listed on the HCMC Stock Exchange. “We still need to consider the interest rates and we may buy the bonds,” he said.The board of directors of Khang Dien Housing has decided to issue VND570 billion worth of corporate bonds with the face value of VND1 billion.According to SSI, there are many factors that helped the company issue bonds at such good interest rates.

Source: VietNamNet News September 02, 2016 03:00 UTC