OREANDA-NEWS. Following a decision of Kazakhstan Stock Exchange (KASE) Board of Directors of August 31, 2016, amendments No. 4 to KASE internal document "Rules of Defining Amounts, Terms and Payment Procedure for Listing Fees" (Rules) were approved, effective as of September 5, 2016.

Said amendments were made due to the launch of a new sector of KASE official list, "Commercial bonds", which enables the listed companies to quickly raise short-term funding through the issue and placement of bonds on KASE with a maturity not exceeding 12 months.

Said amendments establish KASE listing fees amounts:

- for the issuance of a preliminary opinion on bonds with a maturity not exceeding 12 months – 50 MCI;

- for the inclusion of bonds with a maturity of not exceeding 12 months to the "Commercial bonds" sector of KASE official list – 100 MCI;

- for keeping bonds with a maturity not exceeding 12 months to the "Commercial bonds" sector of KASE official list – calculated in proportion to the bonds maturity on the basis of a fixed annual fee equal to 50 MCI.

In addition, some editorial amendments were made to the Rules.