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On April 13, 2004, the Agency of the Republic of Kazakhstan for regulation and supervision of the financial market and financial institutions effected state registration of the fourth issue of Astana Finance unsecured bonds.
Bond Issue Parameters
| Amount of the issue | KZT 2,000,000,000 (two billion) |
| Number of bonds | 20,000,000 |
| Type of bonds | registered coupon bonds, unsecured, inflation-based coupon indexing |
| Coupon period | semiannual, based on a 360-day year and a 30-day month |
| Face value, N | KZT 100 |
| Start of circulation | since the date of listing on the Kazakhstan Stock Exchange (KASE). |
| Maturity | 7 (seven) years since the start of circulation |
| Coupon rate | 9% (nine percent) p.a. in the first year, i+m in subsequent years, where "i" is inflation calculated as increase/decrease of the consumer price index (CPI (%) less 100%), and "m" is the fixed margin of 2.5% p.a. Since the second year of circulation, the coupon rate shall be revised semiannually. Maximum coupon is 14%, minimum coupon is 2.5% (in case of deflation). |
| Indexing procedure | Coupon payments are indexed according to the change in the inflation level. The inflation level is calculated as the change in the CPI level (CPI (%) less 100%) for the 12 months, 2 (two) months prior to next coupon payment, as published by the Statistics Agency of the Republic of Kazakhstan. |
| Issuers Rights & Duties | 1) to fulfill in good faith its obligations as per the bond offering circular; 2) to notify the KASE by letter and bondholders - by publication in Kazakhstanskaya Pravda, the newspaper, at least 5 (five) business days before the beginning of the new coupon period about the actual coupon rate for the new coupon period. |
The price of the bonds will be identified by the issuer based on the asking price and bid price in the market. In compliance with current laws, the bonds shall be taken up by cash.
You can get the offering circular for Astana Finance bonds, and more information, from:
In anticipation of the International Children's Day Astana Finance JSC following principles of humanism, ideals of goodness and justice made donations to Children’s Charity Fund "Ymit-Nadezhda" in Kokshetau.
For immediate release: JSC Astana Finance (the Company) wishes to announce the appointment of the following members of the Management Board of the Company with effect from 5 May 2010:
May 5, 2010 saw the meeting of the Board of Directors of "Astana-Finance" JSC (hereinafter - the "Company") on which the decision on staff changes in the management bodies of subsidiaries was taken.
The Board of Directors of "Astana – Finance" JSC (further – the "Company") situated at the following address: 010000, the Republic of Kazakhstan, Astana, 12 Bigeldinov str., has taken a decision on holding an extraordinary general meeting of the shareholders of "Astana – Finance" JSC with the following agenda: Composition of the Board of Directors of "Astana – Finance" JSC.
FSA signed an agreement with the members of Bank-Conglomerate Astana Finance
updated 09.12.2008