Interest Rate for 9th Coupon Period on Alliance Bank Bonds Is 12% APR
OREANDA-NEWS. On October 28, 2008 Alliance Bank (Almaty) informed Kazakhstan Stock Exchange (KASE) by the official letter that on its subordinated bonds KZ2CKY07A394 (KASE official list, the first subcategory of category "Debt Securities without the Rating", ASBNb3; KZT1, KZT3.0 bn., October 29, 04 - October 29, 11, the semi-annual coupon indexed on the inflation rate) for the ninth coupon period was set the coupon interest rate in the size of 12.00 % APR, reported the press-centre of KASE.
The interest rate was set at the upper limit, stipulated by the mentioned bonds issue prospectus.
In the current coupon period the interest rate on these bonds of Alliance Bank makes up 12.00 % APR.
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