Since November 18 bonds of Kazakhstan Mortgage Company CJSC of the 1st issue have been included into KASE's official "А" listing category

18.11.02 00:00
/KASE, November 18, 02/ - As it was informed on the past Friday, by the decision of Kazakhstan stock exchange's (KASE) Council dated November 15 of 2002 inscribed coupon secured bonds of Kazakhstan CJSC (Almaty) of the first issue (KZ2CKY03A676, KZT10,000, KZT1.5 bn, November 10, 02 - November 10, 05, semi-annual coupon with floating rate, which is determined on the first deal at floatation) have been included into KASE's official "А" listing category. This decision took effect since November 18 of 2002 after the issuer and stock exchange made Agreement about securities listing and paid the entrance and the first annual listing fees. By the decision of KASE's Governing body dated November 18 bonds were assigned trade code KZIKb1. Quotation accuracy in the stock exchange's trade system is four decimal figures of bond's price. Date of trades opening on bonds at KASE and their quotation parameters will be determined later. By the same Governing body's decision, on the basis of submitted application, market-maker's status of bonds of Kazakhstan Mortgage Company at KASE were assigned KIB ASSET MANAGEMENT Ltd LLP (Almaty), which is the issuer's lead-manager on bringing of bonds to the market and underwriter of Kazakhstan Mortgage Company CJSC. Minimal volume of compulsory quotation for the market maker is 160 bonds. Primary activities of Kazakhstan Mortgage Company CJSC - loam operations (giving of credits in monetary terms with conditions of payment, urgency and giving back), factoring operations (purchasing of the rights of payment requirement from customers of goods, works and services with accepting of the risk of non-payment) on the basis of the National Bank's license dated September 23 of 2002 #28 and other operations in accordance with the company's charter. [2002-11-18]