At the 10^th session of the Da Nang People's Council in its 8^th tenure, approval was given by the municipal authorities for the city to issue government bonds in 2014.

Bonds, worth a total of 1.5 trillion VND, are expected to be issued in the city from July.  The 5-year bonds will carry a face value of 100,000 VND each.

The city’s authorities will decide the interest rate for the bonds, which will be issued through a bidding process.  The principal will be paid once on the due date, and interest will be paid annually on the date of issue.