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Market and Company News
10.12.2004 11:08

Issue, circulation and maturity terms of the 2nd issue bonds of Eurasian bank JSC (Kazakhstan)

/IRBIS, Sergey Yakovlev, December 10, 04/ - Following is the characteristics of the 2nd issue bonds of Eurasian bank JSC (Almaty), which is given in accordance with their inclusion in Kazakhstan stock exchange's (KASE) official "A" listing category. Data is shown in accordance with conclusion of KASE's Listing commission and Specification of the 2nd issue bonds of Eurasian bank JSC.

-------------------------------------------------------------------------------
Type of securities:                           coupon bonds with floating rate
Debt type:                                    subordinate unsecured
Issue and servicing currency:                 Kazakhstan tenge (KZT)
National identification number:               KZ2CKY07B360
Issue number in state register:               В36
Register maintenance:                         Registrator LLP (Almaty)
Issue registration date:                      October 22, 04
Face value                                    KZT100
Issue volume in issue currency:               3,000,000,000
Issue volume in securities:                   30,000,000
Date of circulation start (issue date):       December 10, 04
Circulation term:                             7 years since circulation start 
                                              date
Floatation term:                              during entire circulation term
Maturity date:                                December 10, 11
Maturity term:                                within 10 calendar days since the 
                                              next day after ending of bonds 
                                              circulation term
Register fixation date at maturity:           December 9, 11
Coupon interest:                              6.0% APR of the face value in the 
                                              1st circulation year, afterwards 
                                              examined every year by the 
                                              decision of the Board of 
                                              directors
Dates of coupon payments start:               June 10 and December 10 of each 
                                              year
Register fixation dates for coupon payments:  June 9 and December 9 of each 
                                              year
Term of coupon payments:                      within 10 calendar days since the 
                                              date following the register 
                                              fixation date
Times basis at all settlements:               30/360, European method
Date of admittance in trade lists of KASE:    December 10, 04
Trade code of KASE:                           EUBNb2
Date of first trades:                         will be determined later
Quoting system at KASE:                       in "clean" prices expressed
                                              as percentage of the face value
Accuracy of price changing in quoting:        4 decimal figures
Underwriter and market-maker at KASE:         Central-Asian Trust Company JSC 
                                              (Almaty)
Minimal volume of compulsory quotation:       18,300 bonds
--------------------------------------------  -------------------------------------------------
Credit ratings of the issue:                  absent on issue date
Credit ratings of the issuer:                 Moody's: E+/B1/stable/NP
-----------------------------------------------------------------------------------------------

Interest rate on the bonds is reexamined every year, no later than 10 calendar days before the end of each year of bonds circulation. The issuer announced coupon rate for the following year in one of periodical printing.

Prescheduled (full or partial) maturity of bonds is not provided by the issue terms.

Detailed information about the issuer and securities is available on KASE's web-site at see more

[2004-12-10]