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CNPC, Agricultural Development, China Power: China Bond Alert

China National Petroleum Co., Agricultural Development Bank of China Co. and China Power Investment Co. are among issuers that may sell bonds in the nation’s debt markets.

Domestic Bonds

CHINA NATIONAL PETROLEUM CO.: The company plans to issue 20 billion yuan ($3.2 billion) of five-year bonds on Feb. 21, according to a statement on the Chinese bond clearing website. (Added Feb. 18)

AGRICULTURAL DEVELOPMENT BANK OF CHINA CO.: The lender plans to sell 15 billion yuan of seven-year bonds on Feb. 19, according to data compiled by Bloomberg. (Added Feb. 18)

CHINA POWER INVESTMENT CO.: The company will issue 1 billion yuan of three-year bonds on Feb. 25, according to a statement on Chinamoney.com.cn, a website of the China Foreign Exchange Trade System. (Added Feb. 18)

SHANXI TAIGANG STAINLESS STEEL CO.: The company plans to sell 2.5 billion yuan of 365-day securities today, according to a statement posted on Chinamoney.com.cn, a website of the China Foreign Exchange Trade System. (Updated Feb. 18)

EXPORT-IMPORT BANK OF CHINA: The lender plans to sell 20 billion yuan of three-year bonds and 20 billion yuan of five- year bonds on Feb. 20, according to a statement on the Chinese bond clearing website. (Added Feb. 8)

CHINA DEVELOPMENT BANK CORP.: The company plans to sell three-, five-, seven- and 10-year floating-rate bonds on Feb. 19, according to a statement posted to the Chinese government bond clearing house website. It will sell up to 5 billion yuan of each bond. (Added Feb. 8)

CHINA MINSHENG BANKING CORP LTD.: The company has approval from China Securities Regulatory Commission to sell 20 billion yuan of convertible bonds, according to a statement to the Shanghai stock exchange. (Added Feb. 8)

CHINA CNR CORP LTD.: The company plans to sell 4 billion yuan of one-year bills that will settle on Feb. 21, according to data compiled by Bloomberg. (Added Feb. 8)

FIRST TRACTOR CO.: The company received permission to issue 1.5 billion yuan of bonds from the China Securities Regulatory Commission, according to a company statement to Hong Kong Stock Exchange. (Added Feb. 7)

LIAONING CHENG DA CO.: The company plans to sell 1 billion yuan of one-year bonds on Feb. 19, according to data compiled by Bloomberg. (Added Feb. 7)

CSR CORP.: The company may sell as much as 5 billion yuan of medium-term notes after the board approved a plan to issue debt with maturities of five to 10 years to replenish working capital, according to a statement to the Shanghai stock exchange. (Added Feb. 4)

NEW CHINA LIFE INSURANCE CO.: The company plans to sell as much as 5 billion yuan of bonds this year with maturities of more than five years, according to a statement to the Hong Kong stock exchange. (Added Feb. 4)

CITIC DAMENG HOLDINGS LTD.: The company plans to sell 1 billion yuan of bonds, according to a Hong Kong stock exchange announcement. (Added Feb. 1)

BANK OF NINGBO CO.: The lender won approval from the China Banking Regulatory Commission to issue 8 billion yuan of bonds, according to a statement to the Shenzhen Stock Exchange. (Added Jan. 24)

GUANGZHOU AUTOMOBILE GROUP CO.: The company won approval to sell up to 6 billion yuan of bonds in multiple tranches, the first of which can be no more than 50 percent of the total amount, according to a statement to the HK stock exchange. (Added Jan. 23)

Dim Sum Bonds

SHENZHEN QIANHAI DEVELOPMENT AND INVESTMENT HOLDINGS CO.: The company may sell 1.5 billion yuan of three-year Dim Sum bonds as early as March with an interest rate of 4 percent, the Hong Kong Economic Times reported, citing unidentified people. (Added Feb. 8)

CITIC SECURITIES CO.: The company is seeking approval to issue up to 40 billion of yuan-denominated debt in onshore and offshore markets, according to a filing to Hong Kong’s stock exchange. (Added Jan. 22)

KEPPEL CORP.: The world’s biggest oil-rig builder may sell yuan-denominated bonds offshore, Chief Financial Officer Loh Chin Hua said in a Jan. 15 interview in Singapore. (Added Jan. 16)

To contact the reporter on this story: Fion Li in Hong Kong at fli59@bloomberg.net

To contact the editor responsible for this story: Amit Prakash at aprakash1@bloomberg.net

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