/KASE, January 5, 06/ - Kazakhstan stock exchange (KASE) informs that on
January 12 of 2006 specialized trades on offering of KZPC1Y10B543 issue
mortgage bonds of Kazakhstan Mortgage Company JSC (Almaty)
(KASE's official "A" listing category, KZIKb11, KZT1, KZT5.0 bn.; April 10, 05
- April 10, 15, fixed semi-annual coupon, 30/360) will be held in KASE's
trade system.
This is the first issue made within the company's second bond program,
registered by Kazakhstan Agency for financial market and financial
organizations regulation and supervision on March 30 of 2005 for a total of
KZT20.0 bn., and the company's eleventh bond issue, which has passed
listing procedure on KASE.
The issuer plans to offer at the trades 1.0 bn. bond, that is 20% from the
registered issue volume.
The specialized trades will be held in KASE's trade system from 11:30 a.m.
till 1:00 p.m. of Almaty time (ALT). Security's symbol at the trades is
KZIKb11A. The issuer will determine cutting off until 3:00 p.m. ALT on
trades holding day. Bonds purchaser must transfer money for purchased
securities to KASE's correspondent account before 1:00 p.m. ALT on
January 13 of 2006 (T+1).
Only limited (competitive in GS market's terminology) bids submitted by
open method are accepted to the trades.
Minimum lot at bonds offering is 1,000 securities.
Fixed coupon on bonds, expressed in % APR with the accuracy of two
decimal figures is to be shown in bid as the price. Precisely this parameter is
the subject of the trade.
Number of financial instruments in the bid must be equal to total face value
of securities in Kazakhstan tenge, divisible by one bond's face value.
Bids satisfying method - at cut-off price (rate). The issuer will satisfy all
bids, prices in which will be lower than cut-off price, and also all or part of
bids, prices in which will be equal to this value. In the latter case bids
submitted to KASE's trade system earlier will be preferred.
Bids can be submitted only by KASE's members of "Р" category (the right to
participate in trades in corporate securities included in the exchange's
official list). Investors may submit their bids through these legal entities.
Full list of KASE's members of "Р" category is available on the exchange's
web-site at
http://www.kase.kz/kasemembers/.
[2006-01-05]