They are used as a benchmark to evaluate the market value of all Vietnam bonds.
[1] Created by Hanoi Stock Exchange,[2] Vietnam Bond Indexes have following structure:[3] The Bond-Index is built based on treasury bonds, which account for 71 percent of the total value of listed Government bonds and are low-risk commodities, serving as a base for investors to assess other bonds in the market.
The Bond-Index includes general indices and those for bonds of different terms.
HNX said that the Bond Index is expected to help improve information transparency in the bond market, support the Government in evaluating macro policies’ influence on the market and assist financial organisations in analysing, forecasting, studying and managing bond portfolios.
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