Bank CenterCredit Checked Mortgage Status of BTA Ipoteka Bonds
OREANDA-NEWS. March 12, 2010. Bank CenterCredit (Almaty), the representative of Subsidiary mortgage organization of joint stock company BTA Bank BTA Ipoteka (Almaty) mortgage bonds holders, reported the press-centre of KASE:
- KZ2C0Y07A861 (BTAIb1; KZT10,000, KZT500.0 m; December 26, 03 - December 26, 10; three month coupon with a free floating rate, 10.00 % APR for the reporting coupon period; 30/360);
- KZ2CKY10B257 (BTAIb2; KZT1; KZT1.5 bn; October 21, 04 - October 21, 14, the semi-annual coupon indexed at the inflation rate, 7.30 % APR for the reporting coupon period; 30/360);
- KZPC1Y07B335 (BTAIb3; KZT1; KZT2.0 bn; December 15, 04 – December 15, 11, the semi-annual coupon indexed at the inflation rate, 6.80 % APR for the reporting coupon period; 30/360);
- KZPC3Y10B333 (BTAIb5; KZT100; KZT4.0 bn; May 11, 05 - May 11, 15, the semi-annual coupon indexed at the inflation rate, 6.80 % APR for the reporting coupon period; 30/360);
- KZPC2Y08B644 (BTAIb8, KZT100, KZT7.0 bn; August 22, 05 - August 22, 13; the semi-annual coupon indexed at the inflation rate, 7.80 % APR for the reporting coupon period; 30/360);
- KZPC3Y10B648 (BTAIb9; KZT100, 4,0 млрд тенге; February 21, 06 - February 21, 16, the semi-annual coupon indexed at the inflation rate, 7.40 % APR for the reporting coupon period; 30/360);
- KZPC1Y10C111 (BTAIb11; KZT100, KZT10.0 bn; August 4, 06 - August 4, 16, the semi-annual coupon indexed at the inflation rate, 7.70 % APR for the reporting coupon period; 30/360);
- KZP05Y07C112 (BTAIb14; KZT100, KZT10.0 bn; April 3, 07 - April 3, 14, the semi-annual coupon indexed at the inflation rate, 6.10 % APR for the reporting coupon period; 30/360);
- KZP07Y10C112 (BTAIb16; KZT100, KZT14.0 bn; April 1, 08 - April 1, 18, the semi-annual coupon indexed at the inflation rate, 7.50 % APR for the reporting coupon period; 30/360),
present in Kazakhstan Stock Exchange (KASE) official list, informed KASE by the official letter on the randomized checking of the mortgage property status on July 21-August 26, 2009, securing obligations fulfillment by Subsidiary mortgage organization of joint stock company BTA Bank BTA Ipoteka on mentioned bonds, based on the register data as of January 1, 2010.
Based on the implemented check up Bank CenterCredit informed that the "securing and the coefficient value of mortgage bonds securing complies with requirements of bonds issue prospectuses and the pledge agreements, but exist past-due loans to the company. The coupon interests are paid timely and in full volume. BTA Ipoteka chief executives are responsible for the information reliability needed for the property analysis.
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