BTA Bank (Kazakhstan) did not pay on March 31, 2011 recovery amounts on its international bonds XS0532995049, XS0532996799 (BTASe15)

/KASE, April 19, 11/ - BTA Bank (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with a communique saying that "On March 31, 2011 no payments were made on Recovery Units due to the fact that the recovery amount did not reach the threshold set in the Trust Deed". Bonds XS0532995049, XS0532996799 (BTASe15; USD5,221,494,216, circulation start - July 1, 2010, maturity - 2020-2022, payment of recovery amounts - on December 31, March 31, June 30 and September 30 of each year, starting from December 31, 2010, provided that the balance in the collection account exceeds USD30 m) are included in KASE official list's Rated Debt Securities category. [2011-04-19]