/IRBIS, Assel Omarova, May 31, 05/ - Following is the characteristics of the
7th issue bonds of Bank CenterCredit 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 7th issue bonds of Bank CenterCredit JSC.
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Type of securities: bonds with indexed coupon rate
Debt type: unsecured subordinate
Indexation character: coupon rate depending on inflation
rate in Kazakhstan
Issue and servicing currency: Kazakhstan tenge (KZT)
Issue registration date: May 13, 05
Issue number in state register: B60
National identification number: KZ2CKY10B604
Register maintenance: Center DAR LLP (Almaty)
Financial consultant and underwriter: KIB ASSET
MANAGEMENT JSC (Almaty)
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Face value: KZT1,000
Issue volume in issue currency: 2,000,000,000
Issue volume in securities: 2,000,000
Date of circulation start (issue date): May 31, 05
Circulation term (calendar): 10 years
Floatation term: within the whole circulation period
Register fixation date at maturity: May 30, 15
Maturity date: May 31, 15
Coupon rate: for the first year 7.0% APR,
afterwards - floating,
reexamined every 6 months
Register fixation dates for coupon payment: November 29 and May 30 of each year
Dates of coupon payment: November 30 and May 31 of each year
Times basis at all settlements: 30/360, European method
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Date of admittance in trade lists of KASE: May 31, 05
Trade code of KASE: CCBNb7
Date of first trades: May 31, 05
Quoting system on KASE: in "clean" prices expressed
as % from the face value
Accuracy of price changing in quoting: 4 decimal figures
Market-maker on KASE: KIB ASSET MANAGEMENT JSC
Minimal volume of compulsory quotation: 1,900 bonds
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Credit ratings of the issue: absent as of May 31, 05
Credit ratings of the issuer:
Fitch B+/stable/B/4, individual - D
Moody's D-/Ba1/positive/NP
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Coupon rate if floating, depends on inflation rate and is determined by the
following formula:
r = i + m, where
r - coupon rate; i - inflation calculated as increase/decrease of consumer
price index (index in percent minus 100%), which is published by
Kazakhstan statistics agency for the last 12 months preceding to two months
until the next coupon payment; m - fixed margin at the rate of 1.0% APR.
The upper limit of the rate is 10% (ten percent), the lower one - 3% (three
percent).
Detailed information about the issuer and his securities is available on
KASE's web-site at
http://www.kase.kz/emitters/ccbn.asp
[2005-05-31]