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. ------------------------------------------------------------------------ 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 ------------------------------------------------------------------------ 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]