BANK CASPIAN OJSC (Kazakhstan) informed about the second coupon payment on its bonds of the first issue

/KASE, July 16, 02/ - BANK CASPIAN OJSC (Almaty) informed Kazakhstan stock exchange (KASE) with official letter about the fact that on July 15, 2002 the bank made the second coupon payment on its inscribed bonds of the first issue (KZ2CUY03A370; KASE official "А" listing category, trade code - CSBNb1; $100, $15.0m; July 13, 01 - July 13, 04, semi-annual coupon 9.5%APR). Payment date - July 13 - was a day off and in accordance with it payments were made on July 15. According to issuer's data the payment has been made in strict compliance withу bonds issue terms on the basis of USD4.75 per one security. Total amount of payments equaled to KZT96,478,678.80 that is equivalent to USD627,912.00 at the rate of the National Bank of Kazakhstan, which is in effect on the payment date (KZT153.65 for one dollar). The bank also informed that bonds primary floatation was made among residents of Kazakhstan. At present 88.13% of the registered issue volume have been floated. At this, 53.38% of bonds are in banks' portfolios, 40.39% - in portfolios of accumulative pension funds, 6.23% of securities were purchased by investors of other categories. [2002-07-16]