List of Primary dealers of the Ministry of finance and Primary agents of the national bank of Kazakhstan at GS market

17.11.03 00:00
/IRBIS, November 17, 03/ - Below is the list of organizations, which entered into agreements with the Ministry of finance of the Republic of Kazakhstan on acting as a Primary dealer at government securities (GS) market. The list is presented based on Central depository of securities CJSC's (Almaty) data as of November 17, 2003 (companies are headquartered in Almaty, unless otherwise stated). 1. KAZKOMMERTSBANK OJSC, 2. Halyk Bank of Kazakhstan OJSC, 3. ABN AMRO Bank Kazakhstan CJSC, 4. TEMIRBANK OJSC, 5. Bank CenterCredit OJSC, 6. TEXAKABANK OJSC, 7. ATFBank OJSC, 8. Bank TuranAlem OJSC, 9. Citibank Kazakhstan CJSC, 10. Kazpochta OJSC, 11. BANK CASPIAN OJSC, 12. Eurasian bank OJSC, 13. DB HSBC Bank Kazakhstan CJSC, 14. Nurbank OJSC, 15. Eximbank CJSC, 16. Tsesnabank OJSC (Аstana), 17. Alliance Bank OJSC, 18. Valyut-tranzit Bank (Karaganda). The National bank of Kazakhstan is a financial agent of the ministry of finance at GS market. The Institution of Primary dealers of the Ministry of finance exists in Kazakhstan since first GS of the Ministry of finance were issued - state treasury bonds, i.e. since April 1994. Starting from that time all operations with GS at primary and secondary markets are done by investors through Primary dealers or with their mandatory notification (in cases of deals conclusion on GS at KASE). Primary dealers maintain registers of GS holders of its clients, by presenting information on flow and holding of GS to Central depository of securities CJSC, which maintains a unified republican register of GS holders. Moreover, Primary dealers carry a number of responsibilities for maintaining liquidity of GS primary market, not popular at present. Below is the list of Primary agents of the National bank of Kazakhstan as of November 17, 2003 obtained from the same source. Companies are headquartered in Almaty, unless otherwise stated. 1. KAZKOMMERTSBANK OJSC 2. Halyk Bank of Kazakhstan OJSC ", 3. ABN AMRO Bank Kazakhstan CJSC ", 4. TEMIRBANK OJSC, 5. Bank CenterCredit OJSC, 6. TEXAKABANK OJSC, 7. ATFBank OJSC, 8. Bank TuranAlem OJSC, 9. Citibank Kazakhstan CJSC, 10. Kazpochta OJSC, 11. BANK CASPIAN OJSC, 12. Eurasian bank OJSC, 13. DB HSBC Bank Kazakhstan CJSC, 14. Nurbank OJSC, 15. Tsesnabank OJSC (Аstana), 16. Alliance Bank OJSC, 17. Valyut-tranzit Bank (Karaganda), 18. DB ALPHA-BANK OJSC, 19. JB LARIBA-BANK OJSC, 20. Demir Kazakhstan bank OJSC, 21. KZI-Bank CJSC. The Institution of Primary agents of the National bank of Kazakhstan exists in Kazakhstan since 1995 (from the moment of first National bank's notes issue) and is considered as inseparable part of Kazakhstani capital market's infrastructure. In general, there are few differences between Primary agent of the National bank and Primary dealers of the Ministry of finance. The first work with notes of the central bank, the latter - with MEKAM. [2003-11-17]