/KASE, February 26, 07/ - Kazakhstan stock exchange (KASE) informs that on
February 28, 2007 specialized trades for primary offering of KZPC4Y10B547
mortgage bonds of Kazakhstan Mortgage Company JSC (Almaty) of the
seventh issue (KZ2CKY07B303, KASE's official "A" listing category,; KZT1,
KZT5.0 bn.; January 15, 07 - January 15, 17, indexed by the level of inflation
semi-annual coupon, 30/360) will be held on KASE.
The specified issue of bonds is the forth within the frameworks of the second
bonds program of Kazakhstan Mortgage Company JSC, registered by the Agency
of the Republic of Kazakhstan for regulation and supervision of the financial
market and financial organizations on March 30 2005 for a total of KZT20.0 bn,
and the sixteenth issue of the company's bonds, which passed through the listing
procedure on KASE.
The issuer plans to offer bonds for the amount of face value KZT1.0 bn. (20%
from the registered volume of the issue).
The specialized trades will be held in the KASE's trade system from 11:30 a.m.
till 1:00 p.m. of Almaty time (ALT). The code of a security is KZIKB16A. Issuer
should determine cut off price till 3:00 ALT on the trades holding day.
Securities' purchaser is obliged to secure transference of money for purchased
securities to stock exchange's correspondent account before 1:00 p.m. ALT on March
1, 2006 (T+1).
Limited and market bids are admitted to the trades. The stake of satisfaction of
market bids equals to 50%. The method of bids submission is closed.
As a price in a bid figure of fixed margin, expressed with accuracy of two
decimal figures should be written. This is the subject of trade, which is used to
determine the coupon rate.
The amount of financial instruments in a bid must be equal to the total face value
of securities in Kazakhstan tenge, divisible by the face value of one security.
The minimal lead at trades was fixed in the size of 1,000 bonds.
The satisfaction method of bids for purchase is set by cut-off price. The issuer
will satisfy bids, margin of which is lower or equal to the cut-off margin.
Concerning the last case, the priority will be given to bids, submitted to the
trading system of KASE earlier.
Bids can be submitted only members of KASE of "P" category (the right to
participate in trades with non-corporate issue securities, included into the
official list of the stock exchange). Investors can submit bids through those
juridical entities. The full list if KASE's members of "P" category is published
on the web site of the stock exchange at
http://www.kase.kz/kasemembers/
More detailed information about the issuer and its security is published at
http://www.kase.kz/emitters/kzik.asp
[2007-02-26]