HÀ NỘI — Placing restrictions for individual investors in buying and selling private corporate bonds is a step in the right direction, said market analysts and experts. The draft securities law has been reported to restrict individual investors in the private corporate bond market, while facilitating foreign investors' activities. Only institutional investors will be allowed to trade corporate bonds, except for private bonds issued by credit institutions. On the other hand, institutional investors are significantly better equipped and have more experiences and knowledge to handle the risks associated with private corporate bonds. According to FiinRatings, limiting individual investors' participation in the private corporate bond market aligns with international practices.

Source: Viet Nam News October 21, 2024 02:00 UTC