Interest Rate of Bank CenterCredit for 5th Coupon Period Is 9,80% APR
OREANDA-NEWS. On August 14, 2007 Bank CenterCredit JSC (Almaty) has informed Kazakhstan stock exchange (KASE) by the official letter that the interest rate on its mortgage KZPC2Y10B657 bonds (KASE's official "A" listing category, CCBNb9; KZT1,000, KZT4,5 bn.; August 16, 05 - August 16, 15, semi annual coupon indexed on inflation rate) for the fifth coupon period has been set at 9,80% APR, reported the press-centre of KASE.
In the message of Bank CenterCredit JSC is said tat rate is fixed on the bases of data of Statistics Agency of Republic of Kazakhstan, according to which consumer price index (inflation level) for the period of July 2006 till July 2007 made 8,80%, fixed margin in accordance with prospect of issue of mentioned bonds in equal to 1,00% APR.
In the current coupon period the interest rate on bonds of bank of the given issue makes 9,50% APR.
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