/IRBIS, Assel Omarova, September 24, 04/ - Following is the characteristics
of fourth emission bonds of Bank CenterCredit JSC (Almaty), 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 the emission:
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Type of securities: bonds
with indexed coupon rate
Debt type: unsecured, subordinated
Emission and servicing currency: Kazakhstan tenge (KZT)
Type of indexation: Indexation of coupon rate depending on
inflation rate in Kazakhstan
National identification number: KZ2CKY07B287
Register maintenance: Center DAR LLP (Almaty)
Par value KZT1.00
Issue value in denominated currency: 2,000,000,000.00
Issue volume in securities: 2,000,000,000.00
Emission registration date: September 7, 04
Emission number in the state register: B28
Circulation starts on (emission date): September 24, 04
Circulation term: 7 years from the date
Floatation term: during the whole circulation term
Register fixing day at maturity September 23, 11
Redemption date: September 24, 11
Coupon payments twice a year
Coupon rate: 9.00%APR for a first circulation year
other years - floating rate adjusted
each 6 months according to inflation
level
Register fixing for coupon payment: March 23 and September 23 each year
Coupon payment start on: March 24 and September 24 each year
Time basis in all settlements: 30/360, European method
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Admission date into KASE listing: September 24, 2004
Date of first trades will be defined later
Trade code of KASE: CCBNb4
Quotation system: "net" price
Accuracy of price changing in quoting: 4 decimal points
Market-maker at KASE: KIB ASSET MANAGEMENT JSC (Almaty)
Minimal volume of compulsory quotation: 1,800,000 bonds
Credit ratings of the issue: N/a as of September 24, 04
Credit ratings of the issuer:
Moody's D-/Ba1/positive/NP
Fitch B+/stable/B/4, individual - D
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Coupon rate is floating and defined as:
r = i + m, where:
r - interest rate, APR;
i = inflation level (growth/decrease of consumer price index in % minus
100%) published by the Statistic Agency of Kazakhstan for the last 12
months previous to 2 months before coupon payment date;
m - fixing margin equal to 2.5% APR.
Upper level of coupon rate is 12%, bottom - 4% APR.
More detailed information about the issuer and its securities will be soon
published at KASE official web site:
http://www.kase.kz/emitters/ccbn.asp.
[2004-09-24]