AS OF DECEMBER 30, KASE LAUNCHED TRADING IN SLB TRANSACTIONS

30.12.24 10:00
/KASE, December 30, 2024/ – Kazakhstan Stock Exchange (KASE) announces that as of December 30, 2024, trading in securities lending and borrowing transactions, Securities Lending and Borrowing (SLB), for 1 day and 2 days opens on KASE. The introduction of the SLB mechanism on KASE provides trading participants with the opportunity to conduct repo transactions for a period of 1 day and 2 days in relation to a particular security on all issues of government securities that are on the list of financial instruments of the stock market admitted to transactions with the central counterparty (CCP) on terms of partial collateral. The Management Board of KASE Clearing Centre has decided to expand the ranges for assessing interest rate risks of securities in order to provide trading participants with the opportunity to submit orders for repo transactions with a negative rate for a period of 1 day and 2 days. We remind you that trading in repo transactions with the CCP is conducted on KASE on working days from 11:30 to 17:00 Astana time. Following a decision of KASE's Management Board dated December 25, 2024, changes and additions No. 7 to KASE's internal document "Specification of repo transactions carried out by the "automatic" method" (Specification) were approved, with effect as of December 30, 2024. The updated text of the Specification will be published on KASE's Internet resource at https://kase.kz/en/kase_rules/ (tab "Trading" – "Repo transactions"). The Regulations on trading and clearing are published at https://kase.kz/en/reglament/ [2024-12-30]