Issue, circulation and maturity terms of KZ2CKY07B733 (KIBNB1) issue subordinate bonds of Kazinvestbank JSC (Kazakhstan)

07.12.05 22:03
/IRBIS, Yelena Korpusenko, Andrey Tsalyuk, December 7, 05/ - Following is the characteristics of KZ2CKY07B733 issue bonds of Kazinvestbank JSC (Almaty), which is given in accordance with their inclusion in Kazakhstan stock exchange's (KASE) official "A" listing category. Information published below is shown in accordance with conclusion of KASE's Listing commission and Issue prospect of subordinate coupon bonds of Kazinvestbank JSC. ------------------------------------------------------------------------------ Type of securities: bonds with indexed coupon rate Debt type: unsecured subordinate Issue and servicing currency: Kazakhstan tenge (KZT) Indexation character: coupon rate depending on inflation rate in Kazakhstan National identification number: KZ2CKY07B733 Issue number in state register: B73 Bondholders' register maintenance: Pervyi nezavisimyi registrator JSC (Almaty) Issuer's financial consultant: Kazkommerts Invest JSC (Almaty) Issue's underwriter: Kazkommerts Invest JSC ------------------------------------------ ----------------------------------- Issue registration date: Sep 21, 05 Face value in issue currency: 1 Issue volume in issue currency: 1,250,000,000 Issue volume in securities: 1,250,000,000 Date of circulation Dec 7, 05 start (date of issue): Circulation term: 7 years Maturity date: Dec 7, 12 Register fixation date at maturity: Dec 6, 12 Maturity term: within 10 working days after completion of bonds circulation period Floatation term: during the whole circulation term Coupon rate: floating, on the first coupon is fixed in 9.5% APR Coupons payment dates: June 7 and December 7 of each year Register fixation date June 6 and December for coupons payment: 6 of each year Term of coupon payments: within 10 working days following after the date of register fixation Times basis at all settlements: 30/360, European method ------------------------------------------ ----------------------------------- Date of admittance in trade lists of KASE: Dec 7, 05 Date of first trades: will be determined later Trade code of KASE: KIBNb1 Quoting system on KASE: in net prices, % from he face value Accuracy of price changing in quoting: 4 decimal figures Market-maker on KASE: Kazkommerts Invest JSC Minimal volume of compulsory quotation: 19,000 bonds ------------------------------------------ ----------------------------------- Credit ratings of the issue: absent as of Dec 7, 05 Issuer's credit ratings: absent as of Dec 7, 05 ------------------------------------------------------------------------------ Interest rate on bonds is floating, depends upon inflation level in the Republic of Kazakhstan and approximately changes once in six months (direct confirmation of the last in issue prospect is not found, conclusion is made by indirect signs and logics of the prospect's text). Size of rate is calculated by the formula: r = i + m, where r - interest rate in % APR; i - inflation, calculated as increase/decrease of consumer price index (value of the index in % minus 100%), published by Statistics Agency of the Republic of Kazakhstan for the last twelve months, preceding to two months before the next coupon payment; m - fixed margin in the amount 2% APR. The upper limit of interest rate is fixed at 11.0% APR, lower - 2.0% APR. Prescheduled (full or partial) redemption of this bonds issue is not provided. Detailed information about securities will be published in nearest time on KASE's web-site at http://www.kase.kz/emitters/kibn.asp [2005-12-07]