From January 25 bonds of "Komirbank" (Kazakhstan) are on non-listing floor of KASE

25.01.00 00:00
/IRBIS, Jan.25, 00/ - Based on the petition of the trade member of KASE, bonds of OJSC "Komirbank" (Ekibastuz, trade code KOMBb) were entered into the trades in "Non-listing securities" sector with the second level of admittance from January 25, 2000. OJSC "Komirbank" - regional bank of Kazakhstan. As of December 1, 99 paid authorized capital of the bank was equal to KZT1.50 bln, shareholders' equity - KZT1.57 bln. General information on the securities issue: Issue registration date: December 21, 1999 Type of the securities: coupon bonds NIN KZ2CCAEQCA00 Par value, in USD: 10.00 Issue volume, in USD: 2,000,000.00 Number of securities issued: 200,000 Interest rate (coupon): 12% APR The emitter's register is maintained by LLP "NEZAVISIMYI REGISTRATOR "KAZAKHSTAN", license of the National securities commission of June 3, 1997, #200550023. Placement and circulation starting date - December 26, 1999. Maturity date of the bonds - December 26, 2000. Payments for the bonds being offered is made in tenges at the exchange rate of the National Bank of Kazakhstan effective on the payment date. Coupons on these bonds are paid semiannually: on June 26, 2000 and December 26, 2000 based on the calculation time base of 364/31, in tenge at official rate of the National Bank of Kazakhstan effective on the payment date. Coupons are paid to those owners who bought the bonds thirty days prior to the coupon payment date. Bonds are paid off at par value in tenge at official rate of the National Bank of Kazakhstan effective on the repayment day by transferring money to the accounts of the bondholders, who were registered in the register five banking days prior to the maturity date - December 21, 2000. No lotteries are planned by the Clauses of the issue. Funds, raised from the issue, will be used for general corporate needs in accordance with the Charter of the bank.