NWF Samruk-Kazyna is entrusted to ensure till April 7, 2009 funding of Doszhan Temir Zholy (DTZ) to repay debt on the third coupon payment on bonds KZ2CKY23B672 (DTJLb1)

24.04.09 09:37
/KASE, April 24, 09/ - Financial Institutions' Association of Kazakhstan (Almaty) provided to Kazakhstan Stock Exchange (KASE) the copy of letter of the Ministry of Finance of April 11, 2009 # ДГ3-3/4437. In the mentioned letter addressed to FIAK and on unknown to KASE reasons with no signatures, the Ministry of Finance of the Republic of Kazakhstan informed on the following: quotation start ... at the meeting with Deputy Prime-Minister of the Republic of Kazakhstan S. Akhmetov of March 31, 2009 ... NWF Samruk-Kazyna was entrusted to ensure till April 7, 2009 funding of Doszhan Temir Zholy (DTZ) to repay debt on the coupon payment and accrued penalties for a delay. quotation end The mentioned letter is published on KASE website at address http://www.kase.kz/files/mix/minfin_letter_09_04_11.pdf we remind that on bonds KZ2CKY23B672 (KASE official list, the second subcategory of "Non-rated Debt Securities" category, DTJLb1; KZT1,000, KZT30.0 bn; August 2, 05 - August 2, 28, the annual coupon indexed on the inflation rate, 19.95 % APR for the current coupon period, 30/360) of Doszhan Temir Zholy (DTZ) (Almaty) was made a default on interest payment for the third coupon period (from August 2, 2007 to August 2, 2008). [2009-04-24]