A base protective layer, a bottom shielding layer, and a bottom insulating
layer 4 are formed in turn on a base made of AlTiC. Then, a
magnetoresistive effective film is formed on the bottom insulating layer,
and a magnetic biasing layer is formed so as to be contacted with both
side surfaces of the magnetoresistive effective film which are parallel
to the ABS thereof. Then, electrode layers are formed so as to be
contacted with the rear surface of the magnetoresistive effective film
opposite to the ABS thereof.