OREANDA-NEWS. January 26, 2009. As informed previously, by the decision of Kazakhstan Stock Exchange (KASE) Council of January 8, 2009 were approved changes and additions # 10 to the KASE internal document "Rules of Repo Transactions Execution" (Repo Rules), which were given effect from January 25, 2009 - simultaneously with resolution # 170 of the Board of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (AFS) "On Approval of Rules of Activities Implementation of Trades Organizers in Securities and other Financial Instruments" of October 29, 2008, reported the press-centre of KASE.

The mentioned amendments were approved by AFS on January 23, 2009.

The mentioned amendments were made to bring Repo Rules in line with Rules of Activities Implementation of Trades Organizers in Securities and other Financial Instruments, approved by the mentioned resolution.

The most significant content of mentioned amendments:

- limitation by 90 days of repo transactions maximum period, executed by the "nego" method;

- prohibition of repo transaction period extension, executed by the "nego" method, if such extension leads to violation of the above mentioned repo transaction maximum period;

- prohibition of repo transaction period extension, executed by the "automatic" method.

In the remaining part the mentioned amendments have terminological and editorial character.

Repo Rules revised version is published on KASE website at the address http://www.kase.kz/files/normative_base/repo.pdf