KASE Secondary Market Opens Trades in Bonds of Alliance Bank
OREANDA-NEWS. By the decision of the Board of Kazakhstan Stock Exchange (KASE) trades in bonds of Alliance Bank (Almaty) were opened in the KASE secondary market sector beginning October 22, 2008, reported the press-centre of KASE:
- KZP02Y07C960 (ASBNb12, KZT1,000; KZT7.0 bn.; 20.09.08 - 20.09.15, semiannual coupon 11.00 % APR, 30/360);
- KZP03Y02C969 (ASBNb13, KZT1,000; KZT5.0 bn.; 20.09.08 - 20.09.10, semiannual coupon 11.00 % APR, 30/360);
- KZP04Y10C960 (ASBNb14, KZT1,000; KZT15.0 bn.; 20.09.08 - 20.09.18, semiannual coupon 11.00 % APR, 30/360).
In the KASE trading system ASBNb12, ASBNb13 and ASBNb14 are quoted within the fourth decimal place of bond net value expressed in percent of face value.
Finance company Alliance Capital (Almaty) is a market maker on the bonds on KASE with 2,400 bond minimum mandatory quote volume.
The bonds were included in the KASE official list in the first subcategory of category "Non-rated debt securities" October 13, 2008.
Details on the issue and the issuer are available at the KASE website: http://www.kase.kz/emitters/asbn.asp
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