OREANDA-NEWS. May 28, 2010. The Board of Kazakhstan Stock Exchange (KASE) approved changes No. 13 (the Amendments) to KASE internal document "Auto repo market specification" (the Specification), reported the press-centre of KASE.

The Amendments provide:

- government long-term treasury bills of the Republic of Kazakhstan (MEUJKAM) circulating half its term were cleared for loans in repo transactions;

- securities not trading three months shall be banned for loans in repo transactions without a KASE Board decision (reference: the previous version of the Specification effective before May 25, 2010 required a KASE Board decision to ban such securities from repo transactions);

- securities of defaulted issuers may not be loaned in repo transactions (including issuers that failed to pay fines and forfeits under a corresponding prospectus (prospectuses)).

The Amendments are of an editorial nature.

The renewed text of the Specification is released at the KASE website at
http://www.kase.kz/files/normative_base/sp_repo_eng.pdf