KASE's Board of Directors approves new internal document "Procedure of concluding deals in government securities according to scheme Т+2" and amendments to internal document "Rules of execution of exchange activities"

/KASE, November 9, 2018/ – Following a decision of the Board of Directors of Kazakhstan Stock Exchange (KASE) dated November 7, 2018 a new internal document of KASE "Procedure of concluding deals in government securities according to scheme Т+2" (the Procedure) was approved. The Procedure has been sent to the National Bank of the Republic of Kazakhstan for approval and will be put into effect after agreeing upon with the authorized body which will be communicated additionally. The Procedure defines the conditions and procedure of execution of deals in government securities according to scheme T+2 in KASE trading system settled in tenge. Switching of the trading in government securities to the settlement scheme Т+2 will allow more efficient management of portfolio investments and will create preconditions for inflow of foreign investments. By the same decision of KASE's Board of Directors amendments No. 3 (amendments) to KASE internal document "Rules of execution of exchange activities" (the Rules) were approved. Said amendments contain references to the Procedure and will be put into effect from the effective date of the Procedure. The Procedure and the Rules will be released on KASE website after approval by the authorized body. [2018-11-09]