AFS of Kazakhstan characterized the republic's securities market as of October 1, 2008

28.10.08 12:54
/IRBIS, October 28, 08/ - Agency of Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (AFS) in its scheduled press-release dedicated to the condition of the republic's financial market and financial organizations characterized Kazakhstan securities market as of October 1, 2008. Quotation start On the market of corporate securities, the number of joint-stock companies with acting share issues in Kazakhstan was 2,233 enterprises, as of October 1, 2008. Also, the following entities acted at securities market: 106 brokers and dealers, 15 registrars, 11 banks-custodians, 13 pension assets investment management organizations (PAIMO), 68 organizations controlling securities portfolios, and 4 transfer-agents. Over the third quarter of 2008, 187 share issues (including those to which amendments and the changes of government registration certificates were made) were registered. Also, in the third quarter of 2008, 14 bonds' issue was registered, with total face value KZT59.5 bn., 3 issues of bonds in the limits of bond programs for amount of KZT124.0 bn. and 11 issues of bonds in the limits of bond programs for amount of KZT90.0 bn. The number of paid bonds issues in the reposted period made 4 issues at KZT9.5 bn. As of October 1, 2008, there were 335 valid non-government circulating bond issues with total nominal value of KZT1,901.7 bn. The number of mutual funds functioning on securities market as of October 1, 2008 was 219 (165 closed funds, 25 open and 29 interval fund). For the reporting period 7 joint stock investment fund was registered, thus there are 50 joint stock investment funds are also functioning on the market. As of October 1, 2008, the amount of issues of the corporate securities by the Kazakhstan issuers included in the KASE's list totaled: 244 issues - under category of Rated debt securities, 95 issues - under shares category and 1 issue - under category of Investment funds securities. In the third quarter of 2008 for non-execution of some norms of the acting legislation of RK about securities market, 25 written directions and 2 written liabilities were addressed to the professional participants of securities market. Quotation end [2008-10-28]