Rate for 7th Coupon Period on Bonds of Bank CenterCredit Is 10% APR
OREANDA-NEWS. On August 13, 2008 Bank CenterCredit JSC (Almaty) informed Kazakhstan Stock Exchange (KASE) in an official letter that a 10.00 % APR interest rate has been set on subordinated bonds KZPC1Y10B659 (official KASE list of category "A", CCBNb8; KZT1,000, KZT2.0 bn.; 16.08.05 - 16.08.15, semiannual coupon indexed to inflation rate) for the seventh coupon period, reported the press-centre of KASE.
The message of Bank CenterCredit JSC indicates the coupon interest rate on bonds has been set at the upper limit level specified by the prospectus of the bonds.
In the current coupon period the interest rate on bonds of Bank CenterCredit JSC of this issue equals to 10.00 % APR.
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