September 21, China Unicom issued a notice on the evening of September 20 that the total amount of the issue is 12 billion yuan medium-term bills and the total amount of RMB 8 billion yuan short-term financing coupons. This is its second medium-term paper and short-term financing voucher this year, with a total financing of 20 billion yuan. Issuing vouchers is a means for operators to reduce their financial costs, every year, even the big spenders, such as China Mobile Guangdong, issued 6 billion trillion yuan of corporate bonds this June. China Unicom's parent company announced that its holding subsidiary of China United Network Communications (Hong Kong) Co., Ltd., its wholly-owned subsidiary of China United Network Communications Limited in September 20 has completed the total amount of RMB 12 billion of the 2010 period of the second medium-term paper and 8 billion yuan 2010 Short-term financing vouchers for the second period of the year, respectively, 3 years, 365 days, the annual interest rate of 3.31%, 2.81, the average starting date for this year September 20. (Silver knife)
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