National Bank of Kazakhstan has admitted euronotes of Development Bank of Kazakhstan JSC of the 2nd tranche to circulation on the territory of the republic
11.11.03 00:00
/IRBIS, November 11, 03/ - On November 10 of 2003 National Bank of
Kazakhstan gave permission for admittance of mid-term euronotes of
Development Bank of Kazakhstan JSC (Astana) of the second tranche to
circulation on Kazakhstan territory. Permission, the copy of which IRBIS agency
has, says about it. Below are parameters of the issue.
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Type of bond: mid-term euronotes (EMTN)
Type of debt: senior unsecured insubordinate
ISIN: XS0179958805
Issue currency: USD
Issue volume in issue currency: 100,000,000
Payment date (circulation starting): November 12, 03
Circulation term: 10 years
Maturity date: November 12, 13
Type of coupon: semi-annual
Coupon rate 7.375% APR
Dates of coupon payments: May 12 and November 12 of each year
Price at the primary floatation: 97.945%
Time basis while yield calculation: ISMA-30/360
Credit ratings:
Moody's Baa3
S&P BB+
Fitch BB+
Current quotations at the market
prices (ask / bid) 99.4863 / 99.9863
yield (ask / bid) 7.45 / 7.38
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The securities were floated on October 30, 03 with the mediation of UBS
Investment Bank with the yield of +340 basis points relative to US Treasury
with maturity in the year 2013.
[2003-11-11]