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Market and Company News
18.04.2005 11:08

Issue, circulation and maturity terms of the 10th issue bonds of Kazakhstan Mortgage Company JSC (Kazakhstan)

/IRBIS, Sergey Yakovlev, April 18, 05/ - Following is the characteristics of the 9th issue bonds of Kazakhstan Mortgage Company JSC (Almaty), given in accordance with their admission into category A of the official listing.

The issue is the second one made within first bond program of the Company, registered by the Agency of the Republic of Kazakhstan for financial market and financial organizations regulation and supervision on April 8, 2004.

Data is shown in accordance with conclusion of KASE's Listing commission and Prospectus of the ninth issue of mortgage-backed bonds of Kazakhstan Mortgage Company JSC:

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Type of securities:                        indexed mortgage bonds
Debt type:                                 secured
Issue and servicing currency:              Kazakhstan tenge (KZT)
Indexation character:                      Indexation of coupon depending on
                                           inflation rate  in Kazakhstan
Indexation peculiarities:                  holder's revenue is protected against
                                           deflation; coupon rate depends on
                                           fixed margin amount
National identification number:            KZPC2Y05B145
Issue number in state register:            B14-2
Register maintenance:                      FONDOVYI SERVIS CJSC (Almaty)
Date of issue registration:                Feb 18, 05
Par value                                  KZT 1.00
Issue volume in issue currency:            5,000,000,000.00
Issue volume in securities:                5,000,000,000.00
Date of circulation start (issue date):    Mar 1, 05
Circulation term:                          5 years from circulation date
Floatation term:                           during the whole circulation term
Maturity date:                             Mar 1, 10
Register fixation date at maturity:        Feb 28, 10
Payment period                             Within 5 working days after day of
                                           register fixation
Coupon (interest rate):                    To be determined at primary 
                                           floatation
Coupon payment dates:                      twice each year, on Sep 1 and Mar 1
Register fixation dates for coupon         Aug 31 and Feb 28 of each year
payment:
Payment period                             Within 5 working days after day of
                                           register fixation
Time basis in all settlements:             30/360. European method
Underwriter                                RG Securities JSC (Almaty)
Monitoring of the pledge                   ALMIR CONSULATING LLP (Almaty)
Representative of bond holders             CenterCredit Bank JSC (Almaty)
------------------------------------------ ------------------------------------
Date of admittance in trade lists of KASE: Apr 18, 05
Trade code of KASE:                        KZIKb10
Date of first trades:                      To be determined later
Quotation system at KASE                   in clean prices
Accuracy of price changing in quoting:     4 decimal points
Market-maker at KASE:                      RG Securities JSC (Almaty)
Minimal volume of compulsory quotation:    1,900,000 bonds
------------------------------------------ ------------------------------------
Credit ratings of the issue:               None as of April 18, 05
Credit ratings of the issuer:              None as of April 18, 05
-------------------------------------------------------------------------------

Issue terms of the tenth issue is almost identical to the terms of the ninth issue (KZ2PC1Y03B142, KZIKb9).

More detailed information on securities, including conclusion of the Listing committee of the Exchange, has been published at KASE' official web site at: see more

[2005-04-18]