Monday , January 30 2023

Khanh Hoa Province to issue $42M bonds to fund infrastructure

The central province of Khanh Hoa is set to issue VND1 trillion (US$42 million) worth of bonds next year to fund some key infrastructure projects.

The bonds have a face value of VND100,000 and two maturities, one after seven years and the other after 10.

The coupon rate will be announced later based on a range determined by the Ministry of Finance and announced in July next year.

The bonds are guaranteed by Khanh Hoa Province.

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