Xiamen Port Development (SHE:000905) completed the issuance of super short-term commercial paper worth 600 million yuan, according to a Tuesday filing on the Shenzhen bourse.

The bonds have an interest rate of 1.47% and a term of 265 days, maturing Dec. 31.

Agricultural Bank of China (HKG:1288, SHA:601288) served as the bookrunner and lead underwriter of the issuance.

The Chinese port operator fell by less than 3% during the afternoon trade.