/KASE, October 27, 10/ - Halyk Savings Bank of Kazakhstan (Almaty,
hereinafter in the quotation - the Bank), securities of which are listed in
Kazakhstan Stock Exchange (KASE) official list, provided to KASE the
copy of letter of the Agency of the Republic of Kazakhstan on Regulation
and Supervision of Financial Market and Financial Organizations (FSA)
of October 20, 2010:
quotation
According to forecasted estimates of prudential norms, submitted by the Bank
as of December 1, 2010, prudential norms considering early repayment of
subordinated bonds to the amount of KZT5 bn shall be observed by the Bank.
Therefore, the Agency considers possible early full repayment by Halyk
Savings Bank of Kazakhstan of subordinated bonds third issue.
ends
According to the issue prospectus of bonds KZP03Y10C590 (KASE official list
Non-rated Debt Securities first subcategory, HSBKb14; KZT10,000, KZT5.0 bn,
November 6, 08 - November 6, 18; the semi-annual coupon 13.00 % APR) "the
Bank is entitled to early repay bonds at a face value as of the coupon
interest payment dates during bonds circulation period".
The mentioned bonds issue prospectus is available on KASE website at
http://www.kase.kz/en/emitters/show/hsbk
Previously KASE published news:
- of May 19, 2010 "/RESTATED/ Halyk Savings Bank of Kazakhstan to redeem
bonds KZP03Y10C590 (HSBKb14) prematurely November 6- 15, 2010" -
http://www.kase.kz/en/news/show/1104491
- of May 14, 2010 "Directors of Halyk Savings Bank of Kazakhstan decide to
redeem bonds KZP03Y10C590 (HSBKb14)" -
http://www.kase.kz/en/news/show/1104160
[2010-10-27]