/KASE, November 2, 12/ - Kazakhstan Stock Exchange (KASE) announces that
from November 6, 2012 JSC "HSBC Bank Kazakhstan" (Almaty) quits the
Agreement on forming the indicator of Kazakhstan interbank deposits
KazPrime dated March 27, 2007 (hereinafter - the Agreement).
On October 23, 2012 SB JSC "HSBC Bank Kazakhstan" provided to KASE an
application for voluntary quitting the Agreement.
Indicator KazPrime reflects the average value of rates for placing money
(Kazakhstan tenge) in deposits of the inter-bank market among banks of the best
credit quality for Kazakhstan. Calculation of the indicator is made by KASE on a
daily basis based on quotations submitted by Agreement participants to KASE
trading system from 10:00 to 11:30, Almaty time.
Each quotation includes the rate for raising and placing money in the deposit at
one of the Agreement participants, as well as volumes of placement and raising of
money. The minimum volume of quotation - KZT150 m.
Participants of the Agreement are JSC "Halyk Savings Bank of Kazakhstan", JSC
"ATFBank", JSC "Subsidiary Bank "RBS (Kazakhstan)", JSC "Kazkommertsbank",
SB JSC "HSBC Bank Kazakhstan", JSC "Bank CenterCredit".
Actual value of the indicator and archive data are available at
http://www.kase.kz/en/kazprime
Information about the indicator is available in Bloomberg - KAZPRIME Index.
[2012-11-02]