Kazakhstan Mortgage Company JSC offered 800.0 m. its KZPC3Y01B548 (KZIKb15) bonds at 7.50 - 7.70% APR on KASE on April 18

/KASE, April 18, 07/ - On April 18, 2007 in Kazakhstan stock exchange's (KASE) trading system the specialized trades for additional offering of KZPC3Y01B548 mortgage bonds (KASE's official "А" listing category, KZIKb15, KZT1, KZT5.0 bn.; January 15, 07 - January 15, 08) of Kazakhstan Mortgage Company JSC (Almaty) were held. This issue of bonds is the third in frameworks of the second bonds program of Kazakhstan Mortgage Company JSC, registered by the Agency of the Republic of Kazakhstan for regulation and supervision of the financial market and financial organizations on March 30 2005 for a total of KZT20.0 bn., and the fifteenth issue of bonds of the company, which passed through the listing procedure on KASE. The issuer planned to offer 2.0 bn. bonds (40% registered volume of the issue). The subject of trading was the price of a bond, expressed in percentage of face value of security to the fourth figure after comma. Bids for participation in offering were submitted by closed method from 11:30 a.m till 13:00 p.m. (ALT). Only limited and market bids were accepted for the trades. The market bids' satisfying stake was 50%. Method of bids satisfying for purchase was as follows: for limited - by declared price, market - by weighted average price. The minimal lot is 1,000 bonds. One of Kazakhstan commercial banks took part in trades, which submitted one limited bid for purchase of 300.0 m. bonds at net price of 94.5733% (7.70% APR) and 500.0 m. bonds at net price of 94.7068% (7.50% APR). Thus, the weighted average price of demand at trades totaled 94.6567% (7.57% APR). By results of trades the issuer satisfied the bid completely, having offered at trades 40.0% of the planned volume. Borrowing amount totaled KZT757,253,900.00 According to data of the Central depository of securities JSC (Almaty) this deal had been executed by the moment of publication of this information. [2007-04-18]