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China Daily | Updated: 2013-05-16 05:06

State Grid to sell $2b in securities

China State Grid Corp plans to sell as much as $2 billion of securities. State Grid, the nation's largest power distributor, is marketing five, 10 and 30-year bonds, according to a person familiar with the matter, who asked not to be identified. China International Marine Containers Group Co also plans to sell notes in the US currency through a Hong Kong unit, a separate person said.

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