CIMBT bullish on secondary marketCIMB Thai Bank (CIMBT) aims to achieve a 30% growth rate in corporate bond trading in the secondary market next year. Trading volume in the corporate bond secondary market has been rising and the bank's market share of transactions has been increasing as well. CIMBT moved into this segment several years ago and positioned itself as the market leader for secondary bond trade by individual investors, said CIMBT executive vice-president Bhudinan Sethanandha. In 2020, total corporate bond trading in the secondary market stood at 21 billion baht and CIMBT's market share was more than 40%. CIMBT, whose parent is based in Malaysia, started to offer corporate bonds in the secondary market from 2016.

Source: Bangkok Post October 08, 2021 00:00 UTC