On February 28 on KASE's specialized trades for offering KZPC4Y10B547 (KZIKb16) bonds of Kazakhstan Mortgage Comapny JSC (Kazakhstan) no purchase bids were submitted

/KASE, February 28, 07/ - Today in the trade system of Kazakhstan stock exchange (KASE) the specialized trades for offering of KZPC4Y10B547 mortgage bonds of Kazakhstan Mortgage Company JSC (Almaty) (the official list of KASE under "A" category, KZIKb16, KZT1, KZT5.0 bn., January 15, 07 - January 15, 17, semi-annual coupon, indexed on inflation rate; 30/360) have been opened. The specified issue is the forth one 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 it is the sixteenth bonds issue of the company, which passed through the listing procedure on KASE. The issuer offered participants of the market bonds with total face value at KZT1.0 bn. (20% out of the registered volume of the issue). The subject of the trades was the fixed margin, the value of which is used by the issuer to determine the coupon rate for bonds. Trades were recognized frustrated because of absence of complete absence of the demand. [2007-02-28]