BANK CASPIAN OJSC (Kazakhstan) has finished primary floatation of its bonds of the first issue

/KASE, September 3, 02/ - BANK CASPIAN OJSC (Almaty), whose securities are traded under Kazakhstan stock exchange's (KASE) "А" listing category, informed KASE about finishing of floatation of its inscribed coupon indexed bonds of the first issue (KZ2CUY03A370; CSBNb1; $15.0m; $100; July 13, 01 - July 13, 04; semi-annual coupon 9.5% APR). Number of offered bonds - 150,000 bonds. Prices of the floatation are not shown. According to the bank's information 47.0% of bonds were purchased by banks, 49.1% - accumulative pension funds and insurance companies, 3.9% - other investors. At present at KASE CSBNb1 are quoted by the market-maker on the level of 11.0 / 10.0% APR, the last deal was made on August 29, 02 at 10.21% APR for redemption for a purchaser. [2002-09-03]