KASE Imposed Fine on IFG CONTINENT
OREANDA-NEWS. November 02, 2010. By Kazakhstan Stock Exchange (KASE) Managing Board decision IFG CONTINENT (Almaty) has been imposed a fine in the size of 200 monthly calculation indices because on October 22, 2010 IFG CONTINENT being the market-maker on KASE on mid-term bonds KZAEKY050024 (ALK060_002, KZT1,000, KZT13.0 bn; September 17, 10 - September 17, 15, the semi-annual coupon 6.20 % APR; 30/360) of Almaty City local executive body, did not maintain the mandatory quotations minimum volume during the trading day, reported the press-centre of KASE.
This decision has been made in compliance with sub-item 2) of item 21 of the KASE internal document "Rules of Market-Makers Activities".
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