Food Contract Corporation JSC floated 34,700 bonds at 8.00% APR

/KASE, June 29, 04/ - Today, KASE held consecutive dedicated trades - additional public offering of bonds of Food Contract Corporation JSC (KZ2CKY05B091, official "A" listing of KASE, PRKRb1; KZT10,000, KZT3.0 bn; May 17, 04 - May 17, 09, semiannual coupon - 8.0%APR). Bonds were floated at net price (without accumulated interest) expressed in percent to face value with four decimal points quotation accuracy (T+) settlement term). This time the issuer offered 50,000 bonds or 16.7% of registered emission volume. One KASE members participated in the trades - broker dealer company working on behalf of pension system entity. It submitted bids for 34,700 bonds for KZT 350,101,714.16 at a price 99.9514% of nominal value or in yield terms - 8.00% APR. The issuer satisfied the bid in full. The specialized offering of bonds of Food Contract Corporation JSC will have been continued in the same mode by July 02, 2004. [2004-06-29]