From February 21 coupon bonds of OJSC "Komirbank" (Kazakhstan) of the first issue can be traded at KASE within official list

/KASE, Feb.22, 00/ - By the decision of the Board of KASE, dated February 21, and based on the decision of the Exchange council of KASE, dated February 11, coupon bonds of OJSC "Komirbank" (Ekibastuz, KZ2CCAEQCA00, KASE official list of securities, category "A", trade code KOMBb) are allowed to the trades of the Exchange in "Listed corporate bonds" sector from February 21 of this year. Previously, it was said from January 25 of this year these bonds would be traded at KASE in "Non-listing securities" sector with the second level of admittance. On February 18 an auction for initial additional placement of KOMBb was held at KASE, where the emitter was able to sell 46,000 bonds at 101.05% of face value (or $10.105 per bond) including accumulated interest and 308 days till maturity (time basis - 30/360). Bonds with one year circulation term are denominated in U.S. dollars, serviced in tenges at official rate, have $10.00 face value and semiannual coupon of 12.0% APR. Maturity date - December 26, 2000. KASE has established following quotation regulations for KOMBb in "Listed corporate bonds" sector: - When bidding face value of the bonds being purchased or sold should be indicated as the number of securities. Face value should be indicated in the currency it was issued in - U.S. dollars. The trade system will make necessary calculations automatically and send the number of bonds to Central depository (CD). - Bond prices should be indicated in percents of face value with double digit accuracy, excluding accumulated interest. - When making a report on the deals to CD accumulated interest will be added to net price of the deal and the price will be recalculated in Kazakhstani tenges automatically. Accumulated interest will be calculated with four digit accuracy in this case, by using 30/360 time basis, and the prices will be recalculated at official rate of tenge to U.S. dollar effective on transaction date. Settlement of accounts will be made for KOMBb using T+0 schedule.