Kazakhstan Mortgage Company JSC (Kazakhstan) meets solvency criteria - Halyk savings bank of Kazakhstan JSC

06.04.06 14:09
/KASE, April 6, 06/ - Halyk savings bank of Kazakhstan JSC (Almaty), which is the representative of holders of Kazakhstan Mortgage Company JSC's (Almaty, the Company) mortgage bonds of following issues: - KZ2CKY10A853 (KASE's official "A" listing category, KZIKb2; KZT1; KZT3,000.0 m.; August 11, 03 - October 1, 13; semi-annual coupon indexed on inflation rate, 10.7% APR); - KZ2CKY10B075 (KASE's official "A" listing category, KZIKb4; KZT1; KZT4,500.0 m.; February 1, 04 - April 1, 14; semi-annual coupon indexed on inflation rate, 9.4% APR); - KZ2CKY07B303 (KASE's official "A" listing category, KZIKb7; KZT1; KZT5,000.0 m.; October 1, 04 - October 1, 11; semi-annual coupon indexed on inflation rate, 9.0% APR); has presented to Kazakhstan stock exchange (KASE) the act of examination of the Company's financial condition as of March 1 of 2006. Halyk savings bank of Kazakhstan JSC's message says on the basis of the analysis, Company's financial condition is stable, solvency and liquidity have been provided. The Company is able to execute its obligations concerning coupon payment for holders of the mentioned issues mortgage bonds. The text of the mentioned act is available at http://www.kase.kz/emitters/kzik.asp [2005-04-06]