China Business News: Sinopec to issue RMB 15 bln in financing bills on Jul 16

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Sinopec to issue RMB 15 bln in financing bills on Jul 16

Jul. 14, 2009 (China Knowledge) - Sinopec<600028><0386><SNP>, the largest oil refiner in Asia, announced on Monday that it will sell RMB 15 billion worth of one-year financing bills on the interbank market on Jul. 16. The interest will be calculated on Jul. 17, said the oil giant in a statement. Industrial and Commercial Bank of China (ICBC)<601398><1398> and China

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