/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.
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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
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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
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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
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Credit ratings of the issue: absent as of Dec 7, 05
Issuer's credit ratings: absent as of Dec 7, 05
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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]