/IRBIS, Ranida Gabdeyeva, June 6, 05, information about the company
controlling the pawn is annulled / - Following is the characteristics of the
11th issue bonds of Kazakhstan Mortgage Company JSC (Almaty), which is given
in accordance with their inclusion in Kazakhstan stock exchange's (KASE)
official "A" listing category.
This is the first issue made within the frameworks of the company's second
bond program, which was registered by Kazakhstan agency for financial
market and financial organizations regulation and supervision on March 30 of
2005.
Data is shown in accordance with conclusion of KASE's Listing commission
and Specification of the bonds issue of Kazakhstan Mortgage Company JSC
made within the second bond program.
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Type of securities: mortgage bonds with fixed coupon
rate
Debt type: secured
Issue and servicing currency: KZT
National identification number: KZPC1Y10B543
Issue number in state register: В54-1
Issue registration date: 30.03.05
Register maintenance: Central securities depository JSC
(Almaty)
Underwriter of the issue: Alliance Bank JSC (Almaty)
Bondholders' representative: Bank CenterCredit JSC (Almaty)
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Face value: KZT1
Issue volume in issue currency: 5,000,000,000
Issue volume in securities: 5,000,000,000
Circulation start date (issue date): 10.04.05
Circulation term (calendar): 10 years since circulation
start date
Floatation term: during the whole circulation
period
Register fixation date at maturity: 09.04.15
Maturity start date: 10.04.15. issuer's option on
prescheduled redemption (see below)
Maturity term: within 5 working days after the day
following register fixation date
Coupon size: determined during securities
floatation
Register fixation dates for coupon payment: October 9 and April 9 of each year
Coupon payment start date: October 10 and April 10
of each year
Coupon payment term: within 5 working days after the day
following register fixation date
Time basis at all settlements: 30/360. European method
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Date of inclusion in KASE trade lists: 06.06.05
Trade code of KASE: KZIKb11
Date of first trades: will be determined later
Quoting system on KASE: in "clean" prices expressed as %
from the face value
Accuracy of price changing at quoting: up to 4 decimal figures
Market-maker on KASE: Alliance Bank JSC
Minimal volume of compulsory quotation: 1,900,000 bonds
------------------------------------------- -----------------------------------
Credit ratings of the issue: Absent as of 06.06.05
Credit ratings of the issuer: Baa2/stable (Moody's)
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Interest rate is fixed, determined by the results of the first trades on bonds
primary floatation. These trades are held by Kazakhstan stock exchange Inc.
and are specialized ones. Fixed coupon for bonds whole circulation period
will be the subject of the trade. Cut-off rate determined by the results of
specialized trades is taken as interest rate. Information about interest rate
is published on KASE's web-site according to results of trades.
Date, since which interest is charged, is bonds circulation start date - April
10 of 2005.
Bonds are entirely redeemed in the end of circulation term on April 10 of
2015 together with the last coupon payment at the face value, or ahead of
time, but not earlier than on April 10 of 2012 also at the face value, in full
volume of partially. The issuer has no right to made prescheduled
redemption until April 10 of 2012. Since April 10 of 2012 the issuer can make
prescheduled redemption at any time. The issuer must inform bondholders
about planned prescheduled redemption 30 calendar days before
prescheduled redemption date through registrar.
In case of a prescheduled redemption interest charged by redemption date is
paid together with the face value. If the issuer redeems ahead of time only a
part of bonds, the partial prescheduled redemption is made proportionally,
i.e. to each bondholder depending on bonds he owns.
Sum of partial prescheduled redemption is rounded to a whole number and
equals to no less than one tenge.
Detailed information about the securities, including Listing commission's
conclusion and issue specification is available on KASE's web-site at
http://www.kase.kz/emitters/kzik.asp
[2005-06-08]