OREANDA-NEWS. November 23, 2010. Bank CenterCredit (Almaty), representing holders of the following mortgage bonds of Subsidiary hypothecary organization of BTA Bank - BTA Ipoteka (Almaty), reported the press-centre of KASE:

- KZ2C0Y07A861 (BTAIb1; KZT10,000, KZT500.0 m; December 26, 2003 - December 26,   2010; three-month floating coupon, 10.00 % APR for the current coupon period; 30/360);

- KZ2CKY10B257 (BTAIb2; KZT1; KZT1.5 bn; October 21, 2004 - October 21, 2014, semi-annual coupon indexed at inflation rate, 8.00 % APR for the current coupon period; 30/360);

- KZPC1Y07B335 (BTAIb3; KZT1; KZT2.0 bn; December 15, 2004 - December 15, 2011, semi-annual coupon indexed at inflation rate, 8.00 % APR for the current coupon period; 30/360);
                               
- KZPC3Y10B333 (BTAIb5; KZT100; KZT4.0 bn; May 11, 2005 - May 11, 2015, semi-annual coupon indexed at inflation rate, 8.30 % APR for the current coupon period; 30/360);

- KZPC2Y08B644 (BTAIb8, KZT100, KZT7.0 bn; August 22, 2005 - August 22, 2013; semi-annual coupon indexed at inflation rate, 7.20 % APR for the current coupon period; 30/360);

- KZPC3Y10B648 (BTAIb9; KZT100, KZT4.0 bn; February 21, 2006 - February 21, 2016, semi-annual coupon indexed at inflation rate, 6.80 % APR for the current coupon period; 30/360);

- KZPC1Y10C111 (BTAIb11; KZT100, KZT10.0 bn; August 4, 2006 - August 4, 2016, semi-annual coupon indexed at inflation rate, 8.30 % APR for the current coupon period; 30/360);

- KZP05Y07C112 (BTAIb14; KZT100, KZT10.0 bn; April 3, 2007 - April 3, 2014, semi-annual coupon indexed at inflation rate, 6.80 % APR for the current coupon period; 30/360);

- KZP07Y10C112 (BTAIb16; KZT100, KZT14.0 bn; April 1, 2008 - April 1, 2018, semi-annual coupon indexed at inflation rate, 8.20 % APR for the current coupon period; 30/360),

listed on Kazakhstan Stock Exchange (KASE), informed KASE on the random inspection of collateral as for compliance with obligations of BTA Ipoteka before the bondholders according to collateral registers as of October 1, 2010.

On the basis of the inspection Bank CenterCredit informed:

unquote

... collateral and collateral ratio of mortgage bonds comply with bond prospectuses and collateral agreements, however, collateral includes overdue loans before BTA Ipoteka, and part of documents necessary for collateral subject inspection and to be provided by the Issuer have not been provided. Coupons are paid timely and in full.

According to the random inspection, the Representative recommended BTA Ipoteka  to enforce control of data entry into the loan accounting system, monitoring collateral and inform of measures taken.

Responsibility for the accuracy of the provided information required for analysis of state of the collateralized property rests with the BTA Ipoteka management.