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.