Alliance Bank Opened Trade on International Bonds
OREANDA-NEWS. On 18 February 2008 Alliance Bank reported that according to the decision of Kazakhstan Stock Exchange (KASE) Board starting from February 14, 2008 the trade of international bonds XS0234283264 (ASBNe2; $1, $200,0 million; 22.11.05 - 22.11.10, semiannual coupon 9,00% per annum; 30/360) of ALB Finance B.V. (subsidiary of the Bank, registered in Rotterdam, Kingdom of Netherlands) has been opened on the secondary market of KASE. The bonds were issued under full guarantee of Alliance Bank.
The quotation accuracy of the ASBNe2 bonds at KASE trading was up to the forth decimal digit of the bonds net value in percentage to the nominal value.
These bonds were included into official KASE list under A category on December 28, 2005. Alliance Bank shall execute the duties of a market-maker under subjected bonds with minimum amount of obligatory quotation of USD 14 500.
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