China Telecommunications to sell $1.52 bn bills on March 8

Editor Mobile

China Telecommunications Corp is planning to auction one year bills worth $1.52 billion on the interbank market on March 8.

As per the company’s statement, it will use the proceeds to supplement its working capital.

The company added that Industrial & Commercial Bank of China Ltd. and Bank of China Ltd. are the main underwriters of the deal.

 

 

EditorChina Telecommunications to sell $1.52 bn bills on March 8