Halyk Bank of Kazakhstan JSC (Kazakhstan) has abandoned the status of a market-maker on eurobonds of Development bank of Kazakhstan

/KASE, January 27, 04/ - By the decision of Kazakhstan stock exchange's (KASE) Board since February 10 of 2004 Halyk Bank of Kazakhstan JSC (Almaty) will have been deprived of status of the market-maker on eurobonds of Development bank of Kazakhstan JSC (Astana) of the first (XS0155792186; BRKZe1; $100.0 m; October 10, 02 - October 10, 07, semi-annual coupon of 7.125%APR) and second (XS0179958805, BRKZe2, $100 m, November 12, 03 - November 12, 13, semi-annual coupon 7.375%APR) issues. The reason for the adoption of a decision was statement of Halyk Bank of Kazakhstan JSC about volunteer resigning of the status of specialist of the mentioned securities. Currently, in addition to Halyk Bank, Bank TuranAlem JSC performs market maker's activities in regards to eurobonds of Development Bank. [2004-01-27]