China Telecom Corp., the country’s biggest fixed-line phone carrier, sold 20 billion yuan ($2.9 billion) in five-year, 4.61 percent bonds, according to data compiled by Bloomberg.

Agricultural Bank of China and China Merchants Bank Co. helped the Beijing-based company sell 10 billion yuan of notes on China’s inter-bank market while China Construction Bank Corp. and Industrial & Commercial Bank of China Ltd. helped it raise another 10 billion yuan, the data show.

 souece:Bloomberg