500 billion VND in bonds to be tendered
The Hanoi Stock Exchange (HNX) said it
will hold a bidding session for 500 billion VND in
government-guaranteed bonds issued by the Vietnam Expressway
Corporation (VEC) on July 22.
The Hanoi Stock Exchange (HNX) said it
will hold a bidding session for 500 billion VND in
government-guaranteed bonds issued by the Vietnam Expressway
Corporation (VEC) on July 22.
300 billion VND of the bonds have a three-year term and the rest are five-year bonds.
The applied bidding method is a combination of competitive and non-competitive coupon bidding. The non-competitive volume is set to not exceed 30% of the total bidding volume.
All the bonds will be issued under the book entry method and will be listed on the HNX. Annual income from collecting transport fees on the Noi Bai – Lao Cai highway will be used to pay out the principal and interest.
Potential bidders must submit tender documents before 14:00, July 22./.
300 billion VND of the bonds have a three-year term and the rest are five-year bonds.
The applied bidding method is a combination of competitive and non-competitive coupon bidding. The non-competitive volume is set to not exceed 30% of the total bidding volume.
All the bonds will be issued under the book entry method and will be listed on the HNX. Annual income from collecting transport fees on the Noi Bai – Lao Cai highway will be used to pay out the principal and interest.
Potential bidders must submit tender documents before 14:00, July 22./.
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