Kazakhstan Mortgage Company CJSC (Kazakhstan) has floated bonds for KZT500.0 m and increased shareholders' equity to KZT1.6 bn

/KASE, December 27, 02/ - Kazakhstan Mortgage Company CJSC (Almaty), which;s bonds are circulating under stock exchange's official "А" listing category, informed KASE that as of December 26 of 2002 it floated its bonds of the first issue for KZT500.0 m (issue volume - KZT1.5 bn). Besides, the company informed that by the end of 2002 its shareholders' equity would exceed KZT1.6 bn (2001 - KZT1.1 bn), and volume of chose in action on mortgage loans - KZT1.0 bn (2001 - KZT60.0 m). Primary activities - loan operations (granting of credits in monetary terms on condition of paying off, urgency and giving back), factoring operations (purchasing of chose rights of payment from buyer of goods (works, services) with assumption of risk of non-payment). [2002-12-27]