TuranAlem Securities JSC (Kazakhstan) says Tsesnabank JSC (Kazakhstan) paid the 2nd coupon on its 1st issue bonds

/KASE, May 20, 05/ - TuranAlem Securities JSC (Almaty), which is the financial consultant of Tsesnabank JSC (Astana) on bringing company's bonds of the first issue (KZ2CKY03B120; KASE's official "A" listing category, TSBNb1; KZT1, KZT1,500.0 m; May 18, 04 - May 18, 07, indexed on inflation rate semi-annual coupon, 9.00% APR for the reporting period) to organized market, has informed KASE with the letter about the fact that on May 19 of 2005 Tsesnabank JSC paid the second coupon to holders of above-mentioned bonds. According to issue terms coupon interest on these bonds is to be paid during 10 working days following register fixation date (May 17). Information of TuranAlem Securities JSC notes that charged coupon for a total of KZT67,500,000. Total payments excluding tax deducted at the source of payment equaled to KZT61,219,125. Judging on the mentioned amount of coupon payment the whole volume of registered bonds was in circulation by register fixation date. [2005-05-20]