Bloomberg News

MCC Raises 10 Billion Yuan From Oct. 12 Sale of 366-Day Bills

October 17, 2011

Oct. 17 (Bloomberg) -- Metallurgical Corporation of China Ltd. said it sold 10 billion yuan of 366-day bills at an interest rate of 6.12 percent in China, according to a Hong Kong stock exchange filing today. Citic Securities Co. and China Citic Bank Co. arranged the sale, the company said. The bills were issued Oct. 12 and proceeds received by Oct. 14, the company said.

--Editor: Neil Western

To contact the reporter on this story: Fion Li in Hong Kong at fli59@bloomberg.net

To contact the editor responsible for this story: Hwee Ann Tan at hatan@bloomberg.net


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