HOMEBROKER Revoked Market-Maker Status on Bonds of EDB
OREANDA-NEWS. February 17, 2010. By Kazakhstan Stock Exchange (KASE) Board decision HOMEBROKER (Almaty) was revoked the market-maker status on KASE on bonds XS0426508627 (KASE official list international financial organizations sector, EABRK280414; KZT10.0 m, KZT20.0 bn; April 28, 09 - April 28, 14, the semi-annual coupon, 15 % APR for the first circulation year, then free floating depending on the inflation rate in Kazakhstan; 30/360) of Eurasian Development Bank, reported the press-centre of KASE.
This decision was made because HOMEBROKER did not support the mandatory quotations minimum volume on mentioned bonds during the trading day (was not set the second mandatory quotations minimum volume), having violated item 15 of the KASE internal document "Classification of Market Makers Status for Stock Market Members", and is responsible in compliance with sub-item 2) of item 21 of the KASE internal document "Rules of Market Makers Activities".
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