Issue, circulation and repayment terms of the first issue bonds of Halyk Bank of Kazakhstan OJSC of the third issue
23.06.03 00:00
/IRBIS, June 23, 03/ - Below is characteristics of bonds of Halyk Bank of
Kazakhstan OJSC (Almaty) of the third issue in accordance with their including
into Kazakhstan stock exchange's (KASE) "A" listing category.
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Type of bonds: inscribed coupon with fixed rate
Type of debt: senior unsecured subordinate
Issue currency: Kazakhstan tenge (KZT)
Servicing currency: Kazakhstan tenge (KZT)
National identification number: KZ2CKY06A760
Issue number in state register: А76
Register maintenance: Fondoviy center CJSC (Almaty)
Date of issue registration: June 5, 03
Bond's face value: 1.00 tenge
Issue volume in KZT: 4,500,000,000.00
Issue volume in securities: 4,500,000,000
Date of circulation start (issue date): June 19, 03
Circulation term: 6 years
Floatation term: 6 years since circulation start date
Maturity date: June 19, 09
Interest rate 9.0% APR of the face value
Dates of interest payment June 19 and December 19 of each year
Time basis at all settlements 30/360 european method
Register fixation term at coupon payment: 30 days before payment date
Register fixation dates for coupon payment: May 19 and November 19 of each year
Register fixation term at maturity: 30 days before maturity date
Register fixation date at maturity: May 19, 09
Date of admittance in trade lists of KASE: will be determined later
Trade code of KASE: HSBKb3
Date of first trades: will be determined later
Accuracy of price change: 4 decimal figures
Market-maker at KASE: KIB ASSET MANAGEMENT Ltd LLP
(Almaty)
Minimal volume of compulsory quotation: 1,700 bonds
Credit ratings of the issue absent on issue date
Credit ratings of the issuer
S&P В/stable/C
Moody's Ва1/stable/NP
Fitch ВВ-/stable/В
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Interest rate payment on the bonds will be made in tenge twice a year in each
six months since the date of bonds circulation start on the basis of 360 days
in the year and 30 days in the month during the whole circulation term of the
bonds. Persons, who purchased bonds no later than 30 days before the date of
interest rate payment, have the right for receiving interest.
Bonds will be redeemed at their indexed face value by means of money transfer
to the current accounts of bondholders. Persons, who have been registered in
bondholders register no later than 30 days before maturity date, have the right
to receive bonds' face value.
Coupon interest on payment date is calculated as product of the face value by
semi-annual interest rate.
If the date of coupon interest payment or maturity date coincide with a day off
or a holiday, payment to bondholder will be made on the first working day,
which will follow the day off or the holiday. A bondholder has no right to
demand interest or another compensation for such delay of payment.
Funds, which have been received from bonds issue, will be used for the
following purposes:
- supporting of short-term and long-term liquidity of the issuer;
- crediting big companies of real sector of economy;
- small and medium business crediting;
- increasing of the issuer's shareholders equity.
Detailed information about securities and their issuer, including conclusion of
stock exchange's listing commission, will be published in the official
electronic representatives of the KASE in the Internet (www.kase.kz) in the
nearest future.
[2003-06-23]