Corporate bonds are a type of debt instrument that investors can buy and retain. In Vietnam, firms mostly perform credit ratings as issuers. At the end of 2022, the rate of credit-rated corporate bonds in some countries in the area is extremely high; for example, 82% in Indonesia, 65% in Thailand, 54% in Malaysia, and 26% in the Philippines, while this rate is 0% in Vietnam.

The bond credit rating may differ from the issuer credit rating based on the bond's terms and conditions, such as debt repayment priority, collateral, and notably when the bond is guaranteed payment by a third party.

Let's watch the following video for expertise sharing on the above topic from representative of the World Bank, VCBSandfb88. Besides, don’t forget to look forward to the next parts of our Rating 101 Series for more insights on the role and meaning of Credit Ratings.

About fb88

fb88 Joint Stock Company (“fb88”), a member of FiinGroup and a technical collaboration partner with S&P Global Ratings, is a local licensed Credit Rating Agency in Vietnam. fb88 provides credit ratings and related services to issuers, creditors and investors in Vietnam credit market. fb88 is also Vietnam first green bonds approved verifier, in accordance with the green bond international standard by the Climate Bonds Initiative (CBI). For more information, visit: https://www.fb88vn

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