Resolution No. 53 of the Board of Directors of the National Bank of the Republic of Kazakhstan dated September 29, 2020 on Approval of the List of Market Assets Accepted by the National Bank of the Republic of Kazakhstan as Collateral for Last Resort Loans and Their Discounts

REPUBLICAN STATE INSTITUTION
"NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN"		REPUBLICAN STATE INSTITUTION "NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN"
RESOLUTION OF THE BOARD OF DIRECTORS		RESOLUTION OF THE BOARD OF DIRECTORS
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"29" September 2020
Astana city		No. 53
Astana city

On Approval of the List

of Market Assets Accepted by the National

Bank of the Republic of Kazakhstan as Collateral for Securing

Obligations under Last Resort Loans,

and Discounts Thereon

In accordance with subparagraph 2) of part two of paragraph 1 of Article 51-3 of the Law of the Republic of Kazakhstan dated March 30, 1995 "On the National Bank of the Republic of Kazakhstan", with paragraph twelve of subparagraph 12) of part five, part six of paragraph 24 of the Regulation on the National Bank of the Republic of Kazakhstan, approved by Decree of the President of the Republic of Kazakhstan dated December 31, 2003 No. 1271 "On Approval of the Regulation and Structure of the National Bank of the Republic of Kazakhstan", the Board of Directors of the National Bank of the Republic of Kazakhstan RESOLVES:

1. Approve the attached list of market assets accepted by the National Bank of the Republic of Kazakhstan as collateral for securing obligations under last resort loans, and discounts thereon.
2. To the Department of Financial Stability and Research (Kubenbaev O.M.):

1) place this resolution on the official Internet resource of the National Bank of the Republic of Kazakhstan after its adoption;

2) bring this resolution to the attention of interested departments of the central apparatus of the National Bank of the Republic of Kazakhstan and the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market.

1. This resolution enters into force from the day of its adoption.
2. Control over the implementation of this resolution is entrusted to the Deputy Chairman of the National Bank of the Republic of Kazakhstan Baimagambetov A.M.

Chairman of the National Bank	E. Dosayev

Correct:

Chief Specialist-Secretary of the Board B. Akhmedzhanov

Approved

by resolution

of the Board of Directors

of the National Bank

of the Republic of Kazakhstan

"___" _______ 2020 No.

List of market assets accepted by the National Bank of the Republic of Kazakhstan as collateral for securing obligations under last resort loans, and discounts thereon

p/p	Type of Market Asset	Discount Size (in percent)

1	2	3
1.	Tenge-denominated discount state securities issued by the Ministry of Finance of the Republic of Kazakhstan and the National Bank of the Republic of Kazakhstan (notes of the National Bank of the Republic of Kazakhstan)	3%
2.	Tenge-denominated non-indexed state securities issued by the Ministry of Finance of the Republic of Kazakhstan with a fixed coupon rate	5%
3.	Tenge-denominated state securities issued by the Ministry of Finance of the Republic of Kazakhstan with a coupon rate indexed to the inflation level	15%
4.	State securities issued by the Ministry of Finance of the Republic of Kazakhstan denominated in foreign currency, and state securities issued by the Ministry of Finance of the Republic of Kazakhstan denominated in Kazakhstani tenge and indexed to the level of change in the tenge exchange rate against any foreign currency	15%
5.	Debt securities issued by international financial organizations, the issuer's rating of which has an assessment not lower than the sovereign rating level of the Republic of Kazakhstan according to the classification of one of the rating agencies Standard & Poor's, Moody's Investors Service and/or Fitch	10%
6.	Bonds issued by the Joint Stock Company "National Welfare Fund Samruk-Kazyna" and the Joint Stock Company "National Managing Holding Baireke", and bonds of companies where the share of participation by the Joint Stock Company "National Welfare Fund Samruk-Kazyna" and the Joint Stock Company "National Managing Holding Baireke" exceeds fifty percent, having an issue rating not lower than the sovereign rating level of the Republic of Kazakhstan according to the classification of one of the rating agencies Standard & Poor's, Moody's Investors Service and/or Fitch	10%
7.	State securities of foreign states having a sovereign rating of "BBB-" according to the classification of Standard & Poor’s and/or Fitch, and/or "Baa3" according to the classification of Moody’s Investors Service or higher, and not lower than the sovereign rating level of the Republic of Kazakhstan according to the classification of one of the rating agencies Standard & Poor's, Moody's Investors Service and/or Fitch	15%