Bonds of Tsesnabank JSC (Kazakhstan) of the 1st issue have passed listing procedure at KASE under "A" category

14.05.04 16:06
/KASE, May 14, 04/ - By the decision of Kazakhstan stock exchange's (KASE) Council dated May 13 of 2004 indexed on inflation rate bonds of Tsesnabank JSC (Astana) of the first issue (KZ2CKY03B120, TSBNb1; KZT1, KZT1.5 bn.; 3 years, floating semi-annual coupon, 9.0% APR for the first circulation year, 30/360) have been included in KASE's official "A" listing category. Date, on which the mentioned decision of stock exchange's Council (date, since which the bonds will have been included in KASE's securities list) takes effect, will be announced later after the issuer pays the entrance and the first annual listing fees for these securities (Agreement about listing between KASE and Tsesnabank JSC has been made already). Date of opening of trades in bonds at KASE will also be announced later. Status of the market-maker of TSBNb1 at KASE, on the basis of submitted application, has been assigned to TuranAlem Securities JSC (Almaty). Minimal volume of compulsory quotation for the market-maker is 1,800,000 bonds. Financial consultant of the issuer on bonds bringing to the organized market is TuranAlem Securities JSC. Detailed information about the issuer and its securities will be placed in KASE's web-site after the mentioned decision of KASE's Council takes effect. [2004-05-14]