/IRBIS, Sergey Yakovlev, December 14, 06/ - Following is the characteristics
of KZPC4Y09B879 bonds of Tsesnabank (Astana), which is given in
accordance with their inclusion in Kazakhstan stock exchange's (KASE)
official "A" listing category.
Data is shown in accordance with conclusion of KASE's Listing commission
and prospect of issue of bonds.
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Type of securities: mortgage bonds with floating
coupon rate
Debt type: secured
Issue and servicing currency: Kazakhstan tenge (KZT)
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Issue's number
in the state register B87
Bond's program registration date: January 6, 06
The amount of the bonds program: KZT15.0 bn
The number of issue in the bonds program: 4
The number of issue in the state register: B87-4
Issue registration date: November 1, 06
National identification number: KZPC4Y09B879
Register bondholders maintenance: Register system of
securities JSC (Almaty)
Representative of bond-holders: Astana-Finance JSC (Astana)
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Face value of a bond KZT1
Issue volume in issue currency: 4,000,000,000
Issue volume in securities: 4,000,000,000
Date of circulation start: December 14, 06
Circulation term: 9 years
Offering term: within the whole circulation term
Register fixation date at maturity: as of beginning of
December 13, 15
Maturity start date: December 14, 15
Maturity term: within 10 working days,
following after the day
of register fixation
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Coupon rate: Floating, depends on inflation rate in
Kazakhstan, 9.00% APR for the first
circulation year
Register fixation dates for coupons as of beginning of June 13 and
payment: December 13 annually
Coupons payment start dates: June14 and December 14 each year
Term of coupon payments: within 10 working days,
following after the day
of register fixation
Time basis at all settlements: 30/360, European method
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Date of admittance in trade December 14, 06
lists of KASE:
Trade code of KASE: TSBNb6
Date of first trades: will be determined later
Quoting system on KASE: in net prices, % from the
face value
Accuracy of price changing in up to 4 decimal places
quoting:
Market maker on KASE: DERBES-SECURITIES JSC (Astana)
The minimal volume of the obligatory 2,060,000 bonds
quotation:
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Credit ratings of the issue: absent as of December 14, 06
Credit ratings of the issuer: Moody's: E+/B1/stable/NP
S&P: B-/stable/C
Fitch: B-/stable/B/5, individual D/E
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The coupon payment rate for the first year of circulation is - 9.00% APR
from the face value of bonds. Starting from the second year of circulation
rate becomes floating, depending on inflation rate. This rate will be
reconsidered by the Board of directors each 6 months and will be determined
by the formula: r = i + m, where r - coupon payment rate;
i - inflation rate, calculated as increase/decrease of consumer price index in
annual expression (value of index in percents minus 100%), published by
Statistics agency of Kazakhstan for last 12 month, preceding two months
until the date of the next coupon payment beginning; m - the fixed margin,
which makes 1.% APR. Maximal coupon value is 10% APR, minimal (with
deflation) - 6%.
Detailed information about the issuer and the securities is available on
KASE's web-site at
http://www.kase.kz/emitters/tsbn.asp..
[2006-12-14]