KASE imposes ban on using TEMA Ko. (Kazakhstan) securities as repo transactions' underlying asset

26.02.14 12:15
/KASE, February 26, 14/ – Following a decision of Kazakhstan Stock Exchange (KASE) Management Board in accordance with sub-item 1) item 12 of the Rules of Repo Transactions Execution and sub-item 1) item 3-2 of the Specification of Auto Repo Market, as of February 26, 2014 a ban was imposed on using bonds KZ2C0Y06D750 (KZ2C00001683, KASE official list, Rated Debt Securities category, TEMAb2; KZT1,000, KZT1.2 bn; May 14, 2010 – May 14, 2016; semi-annual coupon 13.50 % p.a.; 30/360) of TEMA Ko. (Almaty) as underlying assets for nego and auto repo transactions. This decision was taken following TEMA Ko.'s failure to pay the 15th coupon interest on the mentioned bonds. Earlier there was a related KASE news item of February 25, 2014 "TEMA Ko. (Kazakhstan) announces delay in payment of 15th coupon on bonds KZ2P0Y03D754 (KZ2C00001683, TEMAb2)" – http://www.kase.kz/en/news/show/1214225 [2014-02-26]