Halyk Savings Bank Checks Pledge on Kazakhstan Mortgage Company Bonds
OREANDA-NEWS. February 01, 2010. Halyk Savings Bank of Kazakhstan (Almaty), a company which is the representative of holders of mortgage bonds of Kazakhstan Mortgage Company (Almaty), reported the press-centre of KASE:
- KZ2CKY10A853 (KZIKb2; KZT1, KZT3.0 bn; 11.08.03 - 01.10.13; semiannual coupon indexed to inflation rate, 6.80 % APR as for the current coupon period; 30/360);
- KZ2CKY10B075 (KZIKb4; KZT1; KZT5.0 bn; 01.02.04 - 01.04.14; semiannual coupon indexed to inflation rate, 6.50 % APR as for the coupon period; 30/360);
- KZ2CKY07B303 (KZIKb7; KZT1; KZT5.0 bn; 01.10.04 - 01.10.11; semiannual coupon indexed to inflation rate, 6.10 % APR as for the current coupon period; 30/360);
- KZ2CKY10B315 (KZIKb8; KZT1; KZT5.0 bn; 01.10.04 - 01.10.14; semiannual coupon indexed to inflation rate, 6.10 % APR as for the current coupon period; 30/360),
listed on Kazakhstan Stock Exchange (KASE), informed KASE on check of the pledge property, which is a collateral of compliance with obligations of Kazakhstan Mortgage Company on bonds, as on January 1, 2010.
On the basis of the check Halyk Savings Bank of Kazakhstan informed the volume of pledge is meeting requirements imposed on collateralized securities in accordance with the Kazakhstan legislation. The coefficient value is complying with requirements of prospectuses of issues of the bonds and pledge agreements, coupon interests were paid in full and timely.
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