Three Gorges Project developer issues unsecured bonds

(July 19, 2000) Yichang, Hubei: China Yangtze River Three Gorges Project Development Corporation began to issue bonds worth more than 3 billion yuan (about 370 million U.S. dollars) as of Thursday. It is the seventh debenture made by the corporation, developer of the multi-functional water control and power generation facility that is being constructed on the middle reaches of the Yangtze River.