Bonds worth CNY 2 billion ($244 million) have been issued by the China National Nuclear Corporation (CNNC) in the domestic market, a first for the state-controlled group.
The bonds were in two varieties, one with a 10-year term and annual interest rate of 4.98%, the second with 15-year term and annual interest rate of 5.20%.
The funds raised from the public bond issue are expected to be used in the construction of nuclear units at Qinshan and Sanmen in eastern Zhejiang Province.
