VEC invites bids for 1 trillion VND in bonds

The Vietnam Expressway Investment and Development Company (VEC) is inviting bids for 1 trillion VND worth of bonds.

The Vietnam Expressway Investment and Development Company (VEC) is inviting bids for 1 trillion VND worth of bonds.

The bidding package includes 5-year bond worth 500 billion VND, 10-year bonds worth 300 billion VND and 15-year bonds worth 200 billion VND.

The bonds, to be issued on March 11 in the form of records or certificates, will be payable on the due dates and their interest will be paid once per year.

The deadline of submissions is to be no later than 2 pm on March 9./.

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