OREANDA-NEWS. On June 05, 2008 Bank CenterCredit JSC (Almaty) informed Kazakhstan Stock Exchange (KASE) in an official letter that a 21,00 % APR interest coupon rate has been set on subordinated bonds KZ2CRY07A750 (official KASE list of category "A"; CCBNb3; KZT1, KZT2,0 bn.; 07.06.03 - 07.06.10, semiannual coupon indexed to inflation rate) for the eleventh coupon period, reported the press-centre of KASE.

The letter says according to the data of the Agency of the Republic of Kazakhstan on Statistics the Consumer Price index (inflation rate) in May 2008 compared to May 2007 made 19,50 % APR, fixed margin subject to terms of the bonds issue is 6,00 % APR. The interest rate has been determined with account of the upper limit, set at 21,00 % APR by the bonds issue prospectus KZ2CRY07A750.

In the current coupon period the interest rate on bonds KZ2CRY07A750 is 21,00 % APR.