It said on Wednesday it will issue unsecuredpaper with a maturity of 180 days on the interbank market on Thursday.

The coupon rate will be fixed during book-building.

China Lianhe Credit Rating has slapped atriple-A rating on the giant state owner.

In March, the owner raised CNY 1bn througha short-term debt sale, although it was aiming for CNY 2.5bn.