From August 3, 2018, amendments were made to the Methodology for calculating yield of bonds and amounts of bond transactions and the Instruction on the procedure for encoding members of Kazakhstan Stock Exchange and their accounts, financial instruments and securities Issuers

13.08.18 16:29
/KASE, August 13, 2018/ – By the decision of Kazakhstan Stock Exchange's (KASE) Board dated August 2, 2018, amendments № 1 to KASE internal document "Methodology of calculation of yield of bonds and amounts of deals with bonds" (Methodology) and addition No. 1 to KASE internal document "Instruction on the procedure for encoding members of Kazakhstan Stock Exchange and their accounts, financial instruments and securities issuers"(Instruction). These additions were put into effect from August 3, 2018. The above additions have been made for the purpose of implementing the project, which involves holding trades on Eurobonds with settlements in the currency of issue. The additions to the Methodology provide for the inclusion of a rule according to which the amount of the transaction with international bonds denominated in foreign currency, which are settled in the issuing currency, is not recalculated in tenge. The Supplement to the Instruction defines the procedure for assigning a code to international bonds nominated in foreign currency, settlements in which are made in the currency of issue. The updated text of the Methodology was published on the KASE website at http://kase.kz/files/normative_base/bond_yield.pdf The updated text of the Instruction is published on the KASE website at http://kase.kz/files/normative_base/code_fins.pdf [2018-08-13]