/KASE, December 23, 05/ - Kazakhstan stock exchange (KASE) informs
that on December 26, 2005 specialized trades on offering of
KZPC1Y10B543 issue mortgage bonds of Kazakhstan Mortgage
Company JSC (Almaty) (KASE's official "A" listing category, KZIKB11,
KZT1, KZT5.0 bn.; April 10, 05 - April 10, 15, fixed semiannual coupon,
30/360) will be held in KASE's trade system.
These is the first securities issue within the company's second bond
program, registered by the Agency of the Republic of Kazakhstan for
regulation and supervision of financial market and financial organizations on
March 30, 2005 for the amount KZT20.0 bn., and the eleventh issue of the
company's bonds, which passed listing procedure at KASE.
The issuer plans to offer in the trades 250.0 m. bond, this is 5% from
registered volume of issue.
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
KZIKB11A. 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 December 27, 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.
Stake of market bids' satisfaction - 70%.
Bonds' fixed coupon on bonds, expressed in % APR with the accuracy of
two decimal figures is to be shown in bid as the price. Precisely this
parameter is the subject of the trade.
Number of financial instruments in the bid should equal to total nominal value
of securities in Kazakhstan tenge, divisible to nominal value of one security.
Method of satisfying bids - at cut price (rate). The issuer will satisfy all
bids, prices in which will be lower of cut-off price, and also all or part of
bids, where rates will be equal to this value. In the latter case bids
submitted to KASE's trade system earlier will be preferred.
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/.
[2005-12-23]