BIZCHINA / Biz Media Digest

Telecom: One-year notes issued
(Shenzhen Daily)
Updated: 2006-04-07 14:44

China Telecom Corp, the larger of China¡¯s two fixed-line phone carriers, said Thursday it will issue 20 billion yuan (US$2.5 billion) in one-year notes next week.

The company said it will issue the notes Monday, according to a statement posted on the ChinaBond Web site.

China Telecom issued 10 billion yuan worth of six-month notes last October after its shareholders authorized the company to sell up to 30 billion yuan worth of short-term notes.


(For more biz stories, please visit Industry Updates)