/IRBIS, Sergey Yakovlev, April 5, 06/ - Following is the characteristics of
KZ2CKY07B915 issue bonds of Eurasian bank JSC (Almaty), which is given
in accordance with their inclusion in Kazakhstan stock exchange's (KASE)
official "A" listing category.
Information published below is given in accordance with conclusion of
KASE's Listing commission and Specification of the bond issue.
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Type of securities: bonds with floating
coupon rate
Debt type: unsecured subordinate
Issue and servicing currency: Kazakhstan tenge (KZT)
National identification number KZ2CKY07B915
Issue number in state register: В91
Bondholders' register maintained by: Kompaniya Registratora JSC (Almaty)
Issue registration date: January 30, 06
Bond's face value: KZT100
Issue volume in issue currency: 10,000,000,000
Issue volume in securities: 100,000,000
Circulation start date: April 5,06
Circulation term: 7 years
Offering term: during the whole circulation
period
Register fixation date at maturity: April 4, 13
Maturity date: April 5, 13
Maturity term: 10 calendar days from the next
day after the end of bond
circulation term
Coupon rate: 8.0% APR for the first year of
circulation, afterwards - floating,
depending on the inflation rate
in Kazakhstan
Register fixation dates for October 4 and April 4 annuallyо
coupon payment:
Coupons payment start dates: October 5 and April 5 annually
Term of coupon payments: 10 calendar days from the date
following the register fixation date
Times basis at all settlements: 30/360, European method
Date of admittance in trade
lists of KASE: April 5, 06
Symbol on KASE: EUBNb3
Date of first trades: will be determined later
Quoting system on KASE: in net prices, % from the
face value
Accuracy of price changing in quoting: 4 decimal figures
Market-maker on KASE: Central-Asian Trust
Company JSC (Almaty)
Minimal volume of compulsory quotation: 20,600 bonds
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Credit ratings of the issue: absent on April 5, 2006
Issuer's credit ratings: Moody's: E+/B1/stable/NP
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The interest rate for the first year of circulation is 8.0% APR. For the second
and following years the rate is indexed according to the inflation rate, and is
revised by the Bank Executive committee once a year and is determined by
the formula: r = i + m, where
r - the coupon rate, i - inflation rate, calculated as the average
increase/decrease of consumer prices index in annual expression for last 12
months, preceding two months of circulation start date of the appropriate
year (the index value as percentage minus 100%), which is published by the
Kazakhstan Statistics Agency; m - the margin fixed at the rate of 1.00% APR.
Maximum value of the coupon rate is 11.00% APR; minimal value is 1.00% APR.
The repurchase of bonds with the purpose of prescheduled full and partial
redemption is not provided.
Detailed information about the securities is available on KASE's web-site at
http://www.kase.kz/emitters/eubn.asp
[2006-04-05]