OREANDA-NEWS. January 14, 2010. Subsidiary of BTA Bank-Temirbank (Almaty, hereinafter - the Bank) informed Kazakhstan Stock Exchange (KASE) by the official letter on the ninth coupon payment delay on bonds KZPC1Y10B550 (KASE official list Non-rated Debt Securities first subcategory, TEBNb4; KZT10.000, KZT5.0 bn; July 7, 05 - July 7, 15, free floating semi-annual coupon, 9.00 % APR for the reporting coupon period; 30/360) "due to announced by Bank restructuring", reported the press-centre of KASE.

According to these bonds issue prospectus Subsidiary of BTA Bank-Temirbank was to pay this interest on January 7-21, 2010. The prospectus specifies that "in case of default on payment or incomplete payment at fault of the Issuer of coupon interest and/or the principal in the terms set with the Prospectus, the Issuer shall pay bondholders fines for each day of delay, on the basis of the official refunding rate of the National Bank of the Republic of Kazakhstan as of the day of money obligation or its part fulfillment".

Previous KASE news on this topic of November 23, 2009 "Temirbank (Kazakhstan): Almaty special financial court approves the bank's restructure plan" - http://www.kase.kz/en/news/show/1089256

At present ten companies, securities of which are present in KASE official list, informed on inability to fully or partially fulfill their obligations on bonds. Listed companies defaulted payment on bonds is available on KASE website in section "Issuers" ("default") at address http://www.kase.kz/en/emitters