/KASE, March 11, 07/ - Kazakhstan stock exchange (KASE) informs that on
March 15, 2007 specialized trades for offering of KZPC3Y01B548 discount
mortgage bonds of Kazakhstan Mortgage Company JSC (Almaty) (KASE's official
"A" listing category, KZIKb15, KZT1, KZT5.0 bn.; January 15, 07 -
January 15, 08) will be held on KASE.
The specified issue of bonds is the third 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 fifteenth 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 KZT2.0 bn.
(40% 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
KZIKb15A. 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 4:00 p.m. ALT on March 15, 2006 (T+0).
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 bond's price, expressed in percentage to face
value of security with accuracy of four 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 announced price.
The issuer will satisfy bids, prices of which are upper or equal to the cut-off
price. Concerning the last case, the priority will be given to bids, submitted
to the trading system of KASE earlier.
Purchasing bids' satisfaction method - by average weighted price.
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
[2007-03-11]