Halyk Savings Bank of Kazakhstan comments on its bonds KZP04Y03C593 (HSBKb15), KZP05Y03C590 (HSBKb16) and KZP06Y10C593 (HSBKb17)

29.11.10 18:08
/KASE, November 29, 10/ - Halyk Savings Bank of Kazakhstan (Almaty), securities of which are listed on Kazakhstan Stock Exchange (KASE), provided to KASE the following press release of November 29, 2010: quotation starts Due to the sufficient liquidity and no need in additional offering of bonds Halyk Bank of Kazakhstan (hereinafter - the Bank) made decisions on securities NIN KZP06Y10C593, NIN KZP04Y03C593 and NIN KZP05Y03C590. The decision was made to transfer subordinated bonds of the sixth issue within the Bank third bond program (NIN KZP06Y10C593), registered by the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations on May 21, 2009 under # С59-6, from the Non-rated Debt Securities first subcategory (the highest category) to the Non-rated Debt Securities second subcategory (the next after highest category) of Kazakhstan Stock Exchange (hereinafter - KASE) official list Non-rated Debt Securities category of the debt securities sector. In addition it was decided not to open trades on KASE in bonds of the fourth (NIN KZP04Y03C593) and fifth (NIN KZP05Y03C590) issues within the Bank third bond program, registered by the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations on February 26, 2009 under # С59-4 and # С59-5 accordingly. The decision on voluntary delisting of bonds is connected with the sufficient liquidity and no need in additional offering of the Bank bonds. The Bank informs that removal of these bonds from the KASE official list shall not infringe rights of investors and securities market professional participants. Mentioned above bonds were included to the KASE official list in July 2009 by the Non-rated Debt Securities first subcategory. Until now no secondary trades in mentioned issues bonds were opened. At present, to the KASE official list are included 14 issues of securities of Halyk Bank of Kazakhstan (including 3 issues of shares), local bonds are offered to the amount of KZT35 bn, eurobonds - USD1.4 bn and shares - KZT149.3 bn. Halyk Bank of Kazakhstan Press Service tel. +7 727 2 590 816, www.halykbank.kz quotation ends [2010-11-29]