On April 25 trades in first issue bonds of SB Alfa-Bank OJSC (Kazakhstan) opened at KASE

/KASE, Apr 25, 02/ - By the decision of the Board of Kazakhstan Stock Exchange (KASE) from April 25, 2002 the trades in first issue indexed inscribed coupon bonds of Subsidiary bank Alfa-Bank OJSC (SB Alfa-Bank OJSC, Almaty; KZ2CKY06A497; KZT1.5bn; KZT15,000; Feb 28.02 - Feb 28.08; semiannual coupon at 9.0% APR) will be opened. The bonds were admitted to the official list of KASE securities under category "A" from February 28, 2002. Trade code - ALBNb1. Quotation accuracy in the trade system of KASE is set at four decimal places of clean price of the bonds expressed in percents of indexed face value. The market-maker of AlBNb1 at KASE was given to KIB ASSET MANAGEMENT Ltd. (Almaty) based on its application. Minimum volume of mandatory quotations for the market-maker is set at 30 bonds. On April 19 special trades for initial offering of AlBNb1 ended at KASE. The offering was held in the trade system of the Exchange using open trades from March 18 on a daily basis. During the trades no deals were made. Maximum yields of the bonds on offer reached 9.70% APR, whereas minimum yields on bid from potential buyers equaled 9.95% APR. [2002-04-25]