Anhui Province Natural Gas Development (SHA:603689) received approval from China's National Association of Financial Market Institutional Investors to issue super short-term bonds and medium-term bonds, according to a Shanghai bourse filing on Wednesday.
The super short-term bonds will amount to 500 million yuan, while the medium-term bonds will be worth up to 600 million yuan.
The registration of both bonds is valid for two years and the bonds can be issued in tranches, the Chinese natural gas distributor said.