Interest rate for the 2nd coupon period on the 3rd issue bonds of Alliance Bank JSC (Kazakhstan) is 8.90% APR

/KASE, April 15, 05/ - Alliance Bank JSC (Almaty) has informed Kazakhstan stock exchange (KASE) by the official letter about the fact that interest rate on its third issue bonds (KZ2CKY07В394; KASE's official "A" listing category, ASBNb3; KZT1, KZT3,000.0 m., October 29, 04 - October 29, 11, semi-annual coupon indexed on inflation rate) for the second coupon period has been set at the rate of 8.90% APR of bond's face value. The message says this rate has been determined on the basis of inflation rate presented by Kazakhstan statistics agency for the last 12 months preceding to two months before the date of setting the next coupon plus fixed margin 2% APR. In the previous coupon period interest rate on bonds of Alliance Bank JSC of this issue was 8.50% APR. [2005-04-15]