On November 06, 2001 trades in first issue bonds of CASPIAN BANK OJSC (Kazakhstan) opens at KASE

/KASE, Nov 05, 01/ - By the decision of the Board of the Kazakhstan Stock Exchange (KASE), on November 06, 2001 the trades in first issue bonds of CASPIAN BANK OJSC (Almaty; KZ2CUY03A370, official list of KASE under category "A", CSBNb1; $15.0m; $100; July 13, 01 - July 13, 04, semiannual coupon at 9.5% APR) opens at the Exchange. Quotation accuracy of CSBNb1 in the trade system of the KASE is set at four digits after decimal point in clean bond price, expressed as a percentage of face value. The quotation will be made in U.S. dollars. The price will be re- calculated in tenges at weighted average rate of KZT/USD that settles on the settlement date. The market-maker of CSBNb1 at the KASE is given to Kazcommerc Securities CJSC (Almaty) based on its application. Minimum volume of mandatory quotations is set for the market-maker at $3,000 at face value. The market-maker will start working from the beginning date of the trades. The admittance date of the bonds into the stock market indexes calculation list will be given later (based on the methodology accepted at the Exchange, KASE specialists should observe the bids of the securities for some time before making decision on their admittance to the list).