OREANDA-NEWS. Following a decision of Kazakhstan Stock Exchange (KASE) Board of Directors of February 11, 2015 changes and additions No.3 (amendments) to KASE internal document "Rules of carrying out repo transactions" (Rules) were made.

The said amendments define procedure for carrying out repo transactions with netting on KASE and the basic conditions of settlements in them. In addition, some editorial clarifications were introduced to the rules.

These amendments have been made in connection with the launch of a new type of repo transactions with netting – "repo with netting" in the repo transactions market. The repo transactions in the market of repo with netting will be made in securities with the use of the scheme T+2 in accordance with the internal document of KASE "Procedure for carrying out transactions in stock market according to scheme T+2". The securities subject to repo transactions in the market of repo with netting can be used to fulfill the obligations arising under the previously signed deals with the use of the scheme T+2. The relevant amendments to Procedure for carrying out transactions in stock market according to scheme T+2 were approved by the said decision of the Exchange Board of Directors.

The revised text of the Rules will be published on KASE website at http://www.kase.kz/files/normative_base/repo.pdf after introduction of the relevant changes to information systems of the Exchange are finalized based on a separate decision of the Exchange Board of Directors.