/KASE, August 15, 2024/ – By a decision of the Board of Directors of KASE
Clearing Centre JSC (KACC) dated July 31, 2024, the revised internal document
of KACC "Procedure for including financial instruments in the T+ List and
T+ Collateral List" (Procedure) was approved, with effect as of September 1,
2024.
The revised Procedure has the following updated provisions:
- methodological approaches for including financial instruments in the T+
Lists;
- application of restrictions on the formation of the T+ Lists;
- requirements in terms of criteria for the level of credit stability of
issuers, the structure of the issue, as well as the liquidity of the
financial instrument;
- sizes of increasing coefficients for initial margin rates and concentration
rates.
As of September 1, 2024, the Procedure in its current version will be declared
invalid.
The Procedure is posted on KACC website at
http://kacc.kase.kz/ru/clearing/.
[2024-08-15]