CONFIDENTIAL

5

Issue of Fujian investment bonds

16.

Bonds issued by the Fujian Investment Corporation are

now available to overseas Chinese and their relatives in China.

The bonds must be bought in foreign currency in denominations equivalent to RMB 500 yuan, 5,000 yuan or 50,000 yuan. Annual interest rates are 6% (for 8-year bonds), 7% (for 10-year) or

8% (for 12-year) and interest will be paid in RMB. No more

than 50% of the face-value of each bond will be able to be

remitted overseas.

Political Adviser's Office

30 November 1981

Distribution:

CS

DHA

FS

D of I

SHA

DAF

SES

DIS

S for E

PA

S for H

S for I

S for S SNT

DTIC CP (5)

DPW

D of M

DCA

C for T ADSB (P)

SCR8/1916/79

DPA

PAS (S) Ops (5)

G INT COLPOLMIL (JSIS) Commissioner, London HK&GD, FCO (2)

D173C MOD

FED, FCO

Far East Sec.,RD, FCO GMKCR

Mr. Thomson, BTC

CONFIDENTI

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