/KASE, August 7, 09/ - By the decision of Kazakhstan Stock Exchange (KASE)
Board in compliance with sub-item 1) item 9-1 of KASE internal document "Rules
of Repo Transactions Execution" and sub-item 1) of item 3-2 of KASE internal
document "Specification of Automatic Repo Market" using from August 7, 2009
bonds KZ2C0Y05C556 (KASE official list Non-rated Debt Securities second
subcategory, BGSTb1; KZT1,000, KZT3.0 bn; August 1, 07 - August 1, 12, the
semi-annual coupon 10.00 % APR; 30/360) of BURLINGAZSTROI (Astana) as
repo transactions subject executed by the "nego" and "automatic" methods.
The decision was made because BURLINGAZSTROI failed to pay the fourth
coupon interest on mentioned bonds.
Previous news on this topic:
- KASE news of August 7, 2009 "BURLINGAZSTROI (Kazakhstan) delays
payment of the 4th coupon on bonds KZ2C0Y05C556 (BGSTb1) till August
20, 2009" -
http://kase.kz/en/news/show/1080416
- KASE news of March 30, 2009 "From April 1 KASE prohibits using securities
as repo transactions subjects" -
http://kase.kz/en/news/show/1070059
- KASE news of March 27, 2009 " KASE amended Rules of Repo
Transactions Execution" -
http://kase.kz/en/news/show/1069980
- KASE news of March 19, 2009 "KASE amended Specification of Automatic
Repo Market" -
http://kase.kz/en/news/show/1069495
[2009-08-07]