OREANDA-NEWS. On September 19, 2008 GLOTUR (Almaty) informed in an official letter to Kazakhstan Stock Exchange (KASE) that 21.50 % APR interest rate has been set on bonds KZ2C0Y05C440 (KASE official list of the second sub-category of category "Non-Rated Debt Securities", GLOTb2; KZT1, KZT9.0 bn.; 20.03.07 - 20.03.12, semiannual coupon indexed to inflation rate) for the fourth coupon period, reported the press-centre of KASE.

The message of the issuer says that consumer price index (inflation rate) for the eriod July 2008 to July 2007 made up 120 % APR. Fixed margin in accordance with the prospectus of issue of the bonds equaled 1.50 % APR.

In the previous coupon period the interest rate on bonds of GLOTUR of this issue made up 20.20 % APR.