Halyk Savings Bank of Kazakhstan subsidiary Halyk Finance is revoked the market-maker status on international bonds XS0244509963 (US_JPM_e1) of JPMorgan Chase Bank, National Association (USA)
26.07.10 16:18
/KASE, July 26, 10/ - By Kazakhstan Stock Exchange (KASE) Managing Board
decision Halyk Savings Bank of Kazakhstan subsidiary Halyk Finance
(Almaty) from July 23, 2010 is revoked the market-maker status on international
bonds XS0244509963 (KASE official list Rated Debt Securities category,
US_JPM_e1; KZT10.0 m, KZT13.2 bn; February 14, 06 - February 14, 16, the
semi-annual coupon indexed at the inflation rate in Kazakhstan, 9.789 % APR for
the current coupon period; 30/360) of JPMorgan Chase Bank, National
Association (New York).
The decision has been made because Halyk Savings Bank of Kazakhstan
subsidiary Halyk Finance on July 21, 2010 did not maintain the mandatory
quotation minimum volume on mentioned bonds, having violated item 10 of the
KASE internal document "Specification of Market-maker Status for Stock Market
Members", and is responsible in compliance with sub-item 2) of item 21 of the
KASE internal document "Rules of Market-makers Activities".
[2010-07-26]