In 2011, Vietnam’s bond market expanded by 16.5 per cent -- the fastest rate in the region.
At $17 billion, the market was still one of the smallest in the region, with the government bond market far larger than the corporate market at $15 billion versus $2 billion.
Gross issuance of government debt last year rose by 9.7 per cent while corporate sales tumbled by 94.2 per cent
The report said emerging East Asia's local currency bond markets expanded 7.0 per cent to $5.7 trillion in 2011, driven by double-digit growth in the region's corporate bond markets.
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