Central Huijin may sell 80 bln yuan bonds - report

NEW YORK, Nov 11 (Reuters) - Central Huijin Investment Co, a state-owned company with large stakes in China's largest banks, may sell up to 80 billion yuan ($11.7 billion) of bonds, Bloomberg News reported on Wednesday, citing unnamed sources.

Huijin, an arm of China's $200 billion sovereign wealth fund, will use proceeds to inject capital into the Export-Import Bank of China and China Export and Credit Insurance Corp, said the sources, according to Bloomberg.

Huijin, the parent of Industrial and Commercial Bank of China (ICBC) (601398.SS) (1398.HK), Bank of China (601988.SS) (3988.HK) and China Construction Bank (CCB) (601939.SS) (0939.HK), recently bought additional shares in the three lenders, and will continue to do so over the next 12 months, the lenders said in October.

The new securities will be sold on China's interbank bond market, Bloomberg reported.

Selling bonds would be a first for Huijin, and the sale may be the biggest by a Chinese institution, the news agency reported. (Reporting by Walden Siew; Editing by James Dalgleish)