Kazakhstan Mortgage Company JSC offered 10.0 m. of its KZPC2Y05B145 (KZIKb10) bonds at 8.50% APR on KASE on April 17

/KASE, April 17, 07/ - On April 17, 2007 in Kazakhstan stock exchange's (KASE) trading system the specialized trades for additional placement of KZPC2Y05B145 mortgage bonds (KASE's official "А" listing category, KZIKb10, KZT1, KZT5.0 bn.; March 1, 05 - March 1, 10, semi-annual coupon 5.69% APR, 30/360) of Kazakhstan Mortgage Company JSC (Almaty) were held. The issuer planned to offer 2.0 bn. bonds (40% registered volume of the issue). The subject of trading was the price of a bond, expressed in percentage from face value of security to the fourth figure after comma, deducting the accumulated interest. Bids for participation in offering were submitted by closed method from 11:30 a.m till 13:00 p.m. (ALT). Only limited bids were accepted at the trades. The bids' market satisfying stake was 50%. Method of bids satisfying for purchase was as follows: for limited - by declared price, market - by weighted average price of non-cut-off limited bids. Payment scheme was T+0. One member of KASE took part in trades - broker-dealer company, which submitted one limited bid for purchase of 10.0 m. bonds at net price of 92.9585% (8.50% APR). Thus, demand at trades did not exceed 0.5% of the declared volume of additional offering. By results of trades the issuer fully satisfied the bid. Borrowing amount totaled KZT9,368,555.56 According to data of the Central depository of securities JSC (Almaty) this deal had been executed by the moment of publication of this information. [2007-04-17]