Kazakhstan Mortgage Company Meets Bonds to Bank CenterCredit
OREANDA-NEWS. On February 18, 2008 Bank CenterCredit JSC (Almaty), being the representative of holders of mortgage bonds of Kazakhstan Mortgage Company JSC (Almaty) of the following issues, reported the press-centre of KASE:
- KZ2CKY05B216 (KASE's category "A" official list, KZIKb5; KZT1, KZT5,0 bn.; June 1, 04 - April 1, 09, semi annual indexed on inflation rate coupon 11,59 % APR for the current period);
- KZ2CKY07B220 (KASE's category "A" official list, KZIKb6; KZT1, KZT5,0 bn.; June 1, 04 - April 1, 11, semi annual indexed on inflation rate coupon 11,59 % APR for the current period);
- KZ2PC1Y03B142 (KASE's category "A" official list, KZIKb9; KZT1, KZT5,0 bn.; March 1, 05 - March 1, 08, semi annual coupon 4,90 % APR);
- KZPC2Y05B145 (KASE's category "A" official list, KZIKb10; KZT1, KZT5,0 bn.; March 1, 05 - March 1, 10, semi annual coupon 5,69 % APR);
- KZPC1Y10B543 (KASE's category "A" official list, KZIKb11; KZT1, KZT5.0 bn.; April 10, 05 - April 10, 15, semi annual coupon 6,90 % APR);
- KZPC2Y12B547 (KASE's category "A" official list, KZIKb12; KZT1, KZT5,0 bn.; April 10, 05 - April 10, 17, semi annual indexed on inflation rate coupon 7,50 % APR for the current period);
- KZPC4Y10B547 (KASE's category "A" official list, KZIKb16; KZT1, KZT5,0 bn.; January 15, 07 - January 15, 17, semi annual indexed on inflation rate coupon 7,50 % APR for the current period);
As had informed Kazakhstan stock exchange (KASE) by the official letter that the bank conducted the check-up procedure of property of Kazakhstan Mortgage Company JSC, being the pledge of execution of company's liabilities to holders of mentioned bonds as of January 1, 2008.
According to the conclusion of Bank CenterCrdit JSC, the state of pledge satisfies the requirements of the legislation of Republic of Kazakhstan, of prospects of bonds' issues and legal claim pledge agreements on the mortgage contracts (including pledge of mortgage certificates).
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