Chinese energy supplier Huaneng Power International has issued RMB5bn ($786m) of super short-term debentures, as part of its RMB20bn ($3.1bn) programme.
The debentures have a maturity period of 270 days, a unit face value of RMB100 ($15.7) and a 3.7 per cent interest rate, it was reported in Indonesia Today.
The China Construction Bank Construction and China Merchants Bank will act as joint lead underwriters for the issue.
A spokesperson said that proceeds will be used to settle part of its bank loans and improve its debt structure.