Kazakhstan Pension Assets Management Companies (PAMC) acquire the bonds of foreign companies

/IRBIS, Sep.16, 99/ - Reports from Pension Assets Management Companies (PAMC) about transactions made with securities of foreign emitters and pension assets in the OTS market arrive on the Kazakhstan Stock Exchange (KASE). September 07 of the current year one of PAMC conducted three operations (date of account - September 10) for purchase of the General Electrics bonds totaling $1,767,000 at the price of 99.05 for dollar of the debt. The yield of securities - 6.23% p.a. As follows from the report these securities (identification number XS0062896575) denominated in US dollars, are the coupon bonds (coupon of 5.5% p.a. is paid once per year) with a maturity date of Jan.16, 2001. "Standard and Poor's Rating Services" has given to these securities a category ААА.