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]