From April 24, 2009, bonds KZ2CKY13B996 (aBTTRb1) of Batys tranzit (Kazakhstan) are removed from STF RFCA official list

24.04.09 10:25
/KASE, April 24, 09/ - by the decision of Kazakhstan Stock Exchange (KASE) Listing Commission of April 23, 2009 from the official list of the Special Trading Floor of the Regional Financial Center of Almaty (STF RFCA) from April 24, 2009 are removed bonds KZ2CKY13B996 (aBTTRb1, STF RFCA official list, the second subcategory of "Non-rated Debt Securities" category; KZT100, KZT18,830.0 m, March 30, 06 - March 30, 19; the annual coupon indexed on the inflation rate, 9.20 % APR for the current coupon period; 30/360) of Batys tranzit (Almaty). In the KASE Listing Commission conclusion of April 20, 2009 it is emphasized that by results of Batys tranzit and its mentioned bonds inspection for compliance with listing requirements, established by order # 04.2-09/119 of the Chairman of the Agency of the Republic of Kazakhstan on Regulation of Activities of the Regional Financial Center of Almaty "On Establishment of Requirements for Issuers, whose Securities are Intended for Inclusion or Included to Official List of the Special Trading Floor of the Regional Financial Center of Almaty, and for such Securities" of May 8, 2008 for the second category, detected incompliance of mentioned bonds with the requirement for a market-maker existence, which violates listing requirements, established by sub-item 9) of item 11 of the mentioned order. Based on above said and in compliance with sub-item 3) of item 2 of article 14 of KASE internal document "Rules of Organization and Functioning of the Special Trading Floor of the Regional Financial Center of Almaty" the mentioned bonds were removed from the official list. The mentioned bonds were included to STF RFCA category "C" official list from October 1, 2007, and from July 1, 2008 were transferred to STF RFCA official list, the second subcategory of "Non-rated Debt Securities" category. Trades in them were opened from October 9, 2007. During mentioned bonds circulation on STF RFCA their yield to maturity for a buyer (on deals made by the open trades methods) varied from 9.08 to 26.80 % APR. [2009-04-24]