NC KTZh CJSC (Kazakhstan) has redeemed promissory notes in the amount of KZT505,410,000

/IRBIS, April 25, 03/ - Today, National company "Kazakstan temir zholy" CJSC (NC KTZh CJSC, Astana) has spread press-release, which says that on April 23 of 2003 the company redeemed common commercial promissory notes in the total amount of KZT505,410,000.00, which had been issued on October 23 of 2002. Financial operator of promissory notes issue was Halyk Bank of Kazakhstan OJSC (Almaty). NC KTZh CJSC is an active participant of promissory notes market and in the future it intends to improve and develop promissory notes program, the press-release says. In September of 2002, by the resolution of the Board of the National Bank of Kazakhstan the company was assigned status of first-class issuer with inventory limit equaling to KZT1.0 bn. [2003-04-25]