Development Bank of Kazakhstan JSC paid 1st coupon on bearer notes of the second tranche

/KASE, May 13, 04/ - Development Bank of Kazakhstan JSC (Astana) informed Kazakhstan stock exchange (KASE) about the fact that on May 11 of 2004, the Bank paid first coupon on its bearer euronotes of the second tranche (XS0179958805; KASE's official "А" listing category, BRKZe2; $100.0 m.; November 12, 03 - November 12, 13, semi-annual coupon 7.375% APR), issued under EMTN program. As Bank reported, coupon payment totaled USD3,688,000.00. It therefore can be inferred that at coupon payment date the whole amount of bonds was outstanding. [2004-05-13]