Jiangsu Communication Holding Co, the parent of dual listed Jiangsu Expressway Co Ltd, said it issued 2.5 billion yuan worth of 365-day short-term debt on the interbank bonds market on May 31.

The company said the debt was issued at a discount price of 96.50 yuan, with a reference yield of 3.6269 percent.

China Everbright Bank and China Merchants Bank were the main underwriters of the issue.

(US$1 = 7.65 yuan)