Bank CenterCredit informs on check of state of pledge on bonds of BTA Ipoteka (Kazakhstan)

08.09.08 16:52
/KASE, September 8, 08/ - Bank CenterCredit (Almaty), a representative of holders of mortgage bonds of Subsidiary hypothecary organization of BTA Bank - BTA Ipoteka (Almaty, in the heading and after - BTA Ipoteka), tradable in the official list of Kazakhstan Stock Exchange (KASE) of the first sub- category of category "Non-rated Debt Securities", of the following issues: - KZ2CKY07A867 (BTAIb1; KZT10,000, KZT500.0 bn.; 26.12.03 - 26.12.10, three month coupon with floating rate, 10.00 % APR as for the current period; 30/360); - KZ2CKY10B257 (BTAIb2; KZT1, KZT1.5 bn., 21.10.04 - 21.10.14; semiannual coupon indexed to inflation rate, 14.00 % APR as for the current period; 30/360); - KZPC1Y07B335 (BTAIb3; KZT1, KZT2.0 bn.; 15.12.04 - 15.12.11, semiannual coupon indexed to inflation rate, 14.00 % APR as for the current period; 30/360); - KZPC1Y10B333 (BTAIb5, KZT100, KZT4.0 bn.; 11.05.05 - 11.05.15, semiannual coupon indexed to inflation rate, 10.00 % APR as for the current period, 30/360); - KZPC2Y08B644 (BTAIb8; KZT100, KZT7.0 bn.; 22.08.05 - 22.08.13, semiannual coupon indexed to inflation rate, 10.00 % APR as for the current period, 30/360); - KZPC3Y10B648 (BTAIb9; KZT100, KZT4.0 bn.; 21.02.06 - 21.02.16, semiannual coupon indexed to inflation rate, 8.50 % APR as for the current period; 30/360); - KZ2C0Y03C072 (BTAIb10; KZT100; KZT6.0 bn.; 26.05.06 - 26.05.09; semiannual coupon 7.00 % APR; 30/360); - KZPC1Y10C111 (BTAIb11; KZT100, KZT10.0 bn.; 04.08.06 - 04.08.16, semiannual coupon indexed to inflation rate, 3.00 % APR as for the current coupon, 30/360); - KZPC5Y07C118 (BTAIb14; KZT100; KZT10.0 bn.; 03.04.07 - 03.04.14; semiannual coupon indexed to inflation rate, 8.50 % APR as for the current period; 30/360) informed KASE in an official letter on conduct of check of state of pledge, which is a collateral of compliance with obligations of BTA Ipoteka before holders of the bonds as on July 1, 2008. According to the representative the collateral and the value of collateral coefficient of the abovementioned bonds comply with the requirements of prospectuses of issue of securities of BTA Ipoteka and pledge agreements. Coupon interests are paid timely and in full. [2008-09-08]