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China Knowledge reported that China Southern Power Grid Co, the smaller of China two electricity distributors plans to issue CNY 5 billion in super short term bills with a maturity of 180 days on the interbank market today.According to a statement, the power company said that the bills will be issued at face value and the coupon rate determined in the process of book building. Both value and payment due date is set on September14 and the to be issued bills tradable September 17.China Chengxin International Credit Rating Co Ltd has rated the issuer AAA.Industrial and Commercial Bank of China has been assigned as lead underwriter and book runner and Agricultural Bank of China Ltd or ABC will be joint lead underwriter for the offering.This will be the second super short term bills issued by the company this year.