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Kazakhstan’s Halyk Savings Bank to redeem 13% bonds due 2018 on Nov. 6
By Marisa Wong
Morgantown, W.Va., Aug. 3 – Halyk Savings Bank of Kazakhstan plans to redeem its 13% bonds due 2018.
The bonds will be redeemed at par plus accrued interest on the next coupon date, which is Nov. 6.
The Almaty, Kazakhstan, bank issued KZT 5 billion of the subordinated bonds, second issue of the third bond program, in 2008.
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