Since November 19 trades in 1st issue bonds of KazTransCom OJSC have been opened at KASE

19.11.03 00:00
/KASE, November 19, 03/ - By the decision of Kazakhstan stock exchange's (KASE) Board, on the basis of application of KazTransCom OJSC (Almaty), since November 19 of 2003 there have been opened trades in indexed on tenge devaluation level bonds of KazTransCom OJSC of the first issue (KZ2CKY07A834; KASE's official "A" listing category; KZTCb1, KZT1, KZT3.0 bn.; July 25, 03 - July 25, 10; semi-annual coupon 8.0% APR of indexed face value, 30/360). Bonds issue terms protect their holder from falling of US dollar's rate relative to tenge. Quotation accuracy of KZTCb1 in KASE's trade system is four decimal figures of bonds' clean price, which is expressed as percentage of the face value. Functions of the market-maker of KZTCb1 at KASE will be fulfilled by Kazkommerts Securities OJSC (Almaty) and Alliance Investment Management JSC (Almaty). Minimal volume of compulsory quotation for the market-makers is 1,700,000 bonds. [2003-11-19]