On May seventh day) (���� years, June 26, 1993, our foreign currency bonds issued in the country for the first time.


1993 to June 26, 2011, commissioned by the China Metallurgical Import and Export Corporation, China Securities Co., $ 40 million foreign currency corporate bonds issued in China in the signing ceremony held at the Great Wall Sheraton Hotel. This is our first time in the territory of foreign currency bonds issued the current domestic residents in foreign currency savings totaled $ 10 billion, plus handheld foreign currency, roughly equivalent to a total of more than 20% of the country's foreign exchange reserves. Through pilot explore the establishment of a domestic enterprise in the territory of effective market mechanism to raise foreign exchange funds, will be able to attract large number of stranded foreign, and precipitation domestic foreign exchange, which to a certain extent on the total amount of foreign exchange funds to increase of China directly used in the production of construction. In addition, there will be conducive to improving the country's financial market, accelerate the docking with the international financial market.
the Metallurgical Corporation $ 40 million bond, is divided into two tranches; $ 20 million of one-year bonds, interest rate of 4.10%;-year bonds of $ 20 million, and an annual interest rate of 4.60%. A debt to the U.S. dollar after the maturity of the bonds. The issuance object to the enterprises in China. After the issuance, the amount of the bonds traded in the China Securities Trading System Co., Ltd. (NET system).