BTA Bank Checked Pledge on Bank CenterCredit Bonds
OREANDA-NEWS. August 22, 2011. BTA Bank (Almaty), representing holders of mortgage bonds of Bank CenterCredit (Almaty), reported the press-centre of KASE:
- KZ2CKY10B455 (KZ2C00000487, CCBNb6; KZT1,000, KZT1.3 bn; December 29, 2004 - December 29, 2014, semi-annual coupon indexed at inflation rate, 10.10 % APR in the current coupon period);
- KZPC2Y10B657 (KZ2C00000628, CCBNb9; KZT1,000; KZT4.5 bn; August 16, 2005 - August 16, 2015; semi-annual coupon indexed at inflation rate, 9.10 % APR in the current coupon period);
- KZPC4Y10B653 (KZ2C00000503, CCBNb11; KZT100; KZT2.0 bn; December 27, 2005 - December 27, 2015; semi-annual coupon indexed at inflation rate, 9.60 % APR in the current coupon period);
- KZPC0Y05B651 (KZ2C00000537, CCBNb17; KZT100; KZT5.0 bn; May 16, 2007 - May 16, 2012; semi-annual coupon 8.50 % APR), which are listed on Kazakhstan Stock Exchange (KASE) has by an official letter informed KASE of having conducted a check of collateralized assets covering Bank CenterCredit's liabilities on the mentioned bonds, as of July 1, 2011.
Based on the check BTA Bank communicates the following:
Ratios of backing for mortgage bonds are as follows: KZ2CKY10B455 - 126.03%, KZPC2Y10B657 - 125.00%, KZPC4Y10B653 - 125.04%, KZPC0Y05B651 - 110.02%, which
meets requirements set by issue prospectuses of the mentioned bonds issues of Bank CenterCredit.
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