Development Bank of Kazakhstan CJSC about the first coupon payment on its bonds of the first issue

16.08.02 00:00
/KASE, August 16, 02/ - Yesterday Development Bank of Kazakhstan CJSC (Astana) informed KASE with official letter about the fact that on August 15 of the current year the bank paid the first coupon interest rate on its inscribed coupon indexed bonds of the first issue (KZ2CKY05A473; KASE official "А" listing category, BRKZb1; KZT1,000, KZT4,500m; Feb 15, 02 - Feb 15, 07; semi-annual coupon 8.5%APR). As the issuer of the bonds informed, amount of the actually paid interest rate equaled to KZT194,094,334.03. According to the National Bank's rate of exchange, which was in effect on the payment date, (KZT154.10 per dollar) this amount equaled to USD1,259,535. In accordance with the information that KASE possesses, the issue has been floated by the issuer in full volume and the report about results of the issue and floatation of Development Bank of Kazakhstan CJSC bonds has been approved by the National Bank of Kazakhstan on August 1, 2002. By July 15 of 2002 bondholders were non-governmental pension funds - 62.76% of the whole volume of issued bonds and commercial banks - 37.24%. [2002-08-16]