/KASE, November 4, 05/ - Kazakhstan stock exchange (KASE) informs that
on November 8, 2005 specialized trades on primary floatation of discount
mortgage bonds of Kazakhstan Mortgage Company JSC (Almaty) of
KZPC3M07B142 issue (KASE's official "A" listing category, KZIKB13, KZT1,
KZT5.0 bn., October 15, 05 - October 15, 06) will be held at KASE.
This issue is the third one made within the frameworks of the first bond
program of the company, which was registered by Agency of the Republic of
Kazakhstan for regulation and supervision of financial market and financial
organizations on April 8, 2004 for the amount KZT20.0 bn. under B14
number, and the thirteenth issue of the company's bonds, which passed
listing procedure at KASE.
The issuer plans to offer in the trades 100% of registered bond issue -
KZT5.0 bn. at nominal value.
The specialized trades will be held in KASE's trade system from 11:30 a.m.
till 1:00 p.m. of Almaty time (ALT). Security's symbol at the trades is
KZIKB13A. The issuer will determine cutting off before 15:00 ALT on trades
holding day. Bonds purchaser is obliged to transfer money for purchased
securities to stock exchange's correspondent account before 1:00 p.m. of
ALT on November 9, 2005 (T+1).
Only limited (competitive in GS market's terminology), as well as market bids
are accepted to the trades, submitted by open method.
Bonds' discount price should be expressed as percentage from security's
face value with the accuracy of four decimal figures is to be shown in bid as
the price. Precisely this parameter will be the subject of the trade.
Total face value of securities in tenge divisible by one bond's face value is to
be shown in bid as the number of financial instruments.
Method of satisfying bids for purchase is at limited bids price. The issuer
will satisfy bids, prices in which will be higher or equal to cut-off price. In
the latter case bids submitted to KASE's trade system earlier will be preferred.
Percent of satisfying of market bids is 70%.
Bids can be submitted only by KASE's members of "Р" category (the right to
participate in trades in corporate securities included in the exchange's official
list). Investors may submit their bids through these legal entities. Full list of
KASE's members of "Р" category is published on the exchange's web-site at
http://www.kase.kz/kasemembers/.
[2005-11-04]