First trades in promissory notes held at KASE
/IRBIS, March 13, 02/ - Today at Kazakhstan Stock Exchange (KASE) the first trades were held in promissory notes. The deals were made in notes of NAC Kazatomprom CJSC (Almaty). Following are the trade results.
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Face value, Price of the Amount of
Trade code KZT Maturity date deal, KZT Amnt the deal, KZT
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N_KATP 500,000.00 11.04.02 495,972.22 7 3,471,805.54
N_KATP 100,000.00 11.04.02 99,194.44 1 99,194.44
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TOTAL 3,570,999.98
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Again, the trades in promissory notes were opened at KASE by the decision of the Board of the Exchange from March 4, 2002. The trades are held from 11:30AM to 5:30PM Almaty time on business days using direct deals method.
On a basis of internal document of KASE "Rules of deals making in promissory notes", approved by a decision of the Exchange council from February 08,2002 into the List of payers on promissory notes there were included following: Kazakhtelecom OJSC (Astana, trade code KASE - N_KZTK); NAK Kazatomprom CJSC (Almaty, code - N_KATP); RSE Kazakhstan Temir Joly (Astana, code - N_TMJL); KEGOC OJSC (Astana, code - N_ KEGC).
The banks, which are the members of the Exchange holding categories "B" (right to participate in foreign currency trades) and "K" (right to participate in government securities trades), as well as non-banking organizations which are the members of the Exchange holding "P" (right to participate in corporate securities trades) category can participate in trades in promissory notes at KASE. The admittance rules of the traders are set by internal documents of KASE.