Updated Regulations of Trades and the Confirmation System Operation and amendments to the Methodology for Calculating the Yield of Bonds and the Amounts of Transactions with Bonds to become effective on February 18, 2019

/KASE, February 14, 2019/ – By the decision of the Management Board of the Kazakhstan Stock Exchange (KASE) of February 18, 2019 to become effective: 1) Updated Regulations of Trades and the Confirmation System Operation (Regulations); 2) Amendments No. 3 to Methodology for Calculating the Yield of Bonds and the Amounts of Transactions with bonds (Methodology), which were approved by the decision of the Management Board of KASE dated November 20, 2018. New version of the Regulations was developed based on the existing Regulations in order to minimize risks and to bring the procedure for conducting exchange-based trading in foreign currencies in line with international standards. According to the updated Regulations, trading in instruments TOM and SPT will be conducted on KASE each working day. Currently, trading in these instruments are not conducted one and two working days prior to a holiday when banks-correspondents of KASE do not make settlements in any currency. Amendments to the Methodology excluded the requirement to determine weighted average US dollar rate for recalculation of amounts of transactions with bonds when there were no trading in US dollar with settlements Т+1. As of February 18, 2019, current version of the Regulations to become null and void. The updated Regulations and the Methodology will be published on KASE website at the earliest possible time. [2019-02-14]