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Inner Mongolia Dazhong Mining's Convertible Bonds to Pay Interest

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Inner Mongolia Dazhong Mining's (SHE:001203) 1.52-billion-yuan corporate bond issuance will pay interest for the fourth year on Aug. 17, according to a Tuesday filing with the Shenzhen bourse.

The bonds, issued in 2022, have an interest rate of 1.5% for 2026. Interest will rise to 1.8% in the fifth year and 2% in the sixth year.

Shares slipped 1% during afternoon trading on Tuesday.

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