Rate for 8th Coupon Period on Bonds of KMC Is 7,5%
OREANDA-NEWS. On October 13, 2008 Kazakhstan Mortgage Company (Almaty) informed in an official letter to Kazakhstan Stock Exchange (KASE) that 7.50 % APR interest rate has been set on mortgage bonds KZPC2Y12B547 (KZIKb12; KZT1, KZT5.0 bn.; 10.04.05 - 10.04.17, semiannual coupon indexed to inflation rate) for the coupon period October 10, 2008 through April 10, 2009, reported the press-centre of KASE.
According to the company the rate has been set at the upper limit level specified by the bond issue prospectus.
In the previous coupon period the interest rate on bonds KZPC2Y12B547 of Kazakhstan Mortgage Company equaled to 7.50 % APR.