how to generate the certificate using openssl

~ openssl version -a
OpenSSL 1.0.1 20 Mar 2013
built on: Tue Mar  4 07:26:06 UTC 2014
platform: debian-amd64
options:  bn(64,64) rc4(16x,int) des(idx,cisc,16,int) blowfish(idx)
compiler: cc -fPIC -DOPENSSL_PIC -DZLIB -DOPENSSL_THREADS -D_REENTRANT -DDSO_DLFCN -DHAVE_DLFCN_H -m64 -DL_ENDIAN -DTERMIO -g -O2 -fstack-protector --param=ssp-buffer-size=4 -Wformat -Wformat-security -Werror=format-security -D_FORTIFY_SOURCE=2 -Wl,-Bsymbolic-functions -Wl,-z,relro -Wa,--noexecstack -Wall -DOPENSSL_NO_TLS1_2_CLIENT -DOPENSSL_MAX_TLS1_2_CIPHER_LENGTH=50 -DMD32_REG_T=int -DOPENSSL_IA32_SSE2 -DOPENSSL_BN_ASM_MONT -DOPENSSL_BN_ASM_MONT5 -DOPENSSL_BN_ASM_GF2m -DSHA1_ASM -DSHA256_ASM -DSHA512_ASM -DMD5_ASM -DAES_ASM -DVPAES_ASM -DBSAES_ASM -DWHIRLPOOL_ASM -DGHASH_ASM
OPENSSLDIR: "/usr/lib/ssl"

~ openssl genrsa -out privatekey.pem 1024
~ openssl req -new -key privatekey.pem -out certrequest.csr
~ openssl x509 -req -in certrequest.csr -signkey privatekey.pem -out certificate.pem