OREANDA-NEWS. August 23, 2010. The Board of directors of Kazakhstan Stock Exchange (KASE) approved the Listing commission's decision on the plan to avoid downgrade of bonds KZ2C0Y05C135 (MAG_b1; KZT1,000, KZT3,250.0 m, 22.08.06 - 05.05.11; annual coupon 12.00 % APR; 30/360) of Almaty-based MAG to buffer category, reported the press-centre of KASE.

The decision of the Listing commission is effective August 18, 2010.

The bonds were listed on KASE in category "B" beginning August 22, 2006, and September 1, 2008 transferred to the second subcategory of Non-rated debt securities on KASE. Trade therein was opened December 4, 2006.

Earlier KASE released news of August 17, 2010 "August 17, Listing commission approves plan to avoid downgrade of bonds KZ2C0Y05C135 (MAG_b1) of MAG to buffer category" - http://www.kase.kz/en/news/show/1113350