of September 6, 2024 No. 306
About introduction of amendments to the order of the Minister of Agriculture of the Republic of Kazakhstan of December 24, 2019 No. 457 "About approval of Rules of subsidizing of coupon remuneration on bonds"
I ORDER:
1. Bring in the order of the Minister of Agriculture of the Republic of Kazakhstan of December 24, 2019 No. 457 "About approval of Rules of subsidizing of coupon remuneration on bonds" (it is registered in the Register of state registration of regulatory legal acts No. 19753) the following changes:
in the Rules of subsidizing of coupon remuneration on bonds approved by the specified order:
11) of Item 2 to state the subitem in the following edition:
"11) preferential rate of remuneration on financing at the expense of short-term/medium-term bonds - remuneration rate which size constitutes for borrowers, except for credit partnerships, banks of the second level, social business corporations, the regional investment centers and the microfinancial organizations, and final borrowers - no more than 5 (five) % per annum, for credit partnerships, banks of the second level, social business corporations, the regional investment centers and the microfinancial organizations - no more than 3 (three) % per annum;";
state Items 9 and 10 in the following edition:
"9. Subsidizing of coupon remuneration on bonded loans of the issuer who is the operator on the grain market involved later January 1, 2024 is performed with the following provisions:
1) subsidizing constitutes the complete size of rate of remuneration for every period of payment from the amount of each bonded loan;
2) repayment period of bonded loan - according to Prospectus conditions.
At the same time subsidizing of rate of coupon remuneration on bonds of the issuer who is the operator on the grain market issued for the purpose of financing of payment under agreements of forward purchase of agricultural products, payment under agreements of direct purchase of agricultural products, refinancing and (or) repayment of the placed bonds and the attracted loans from financial institutions is allowed.
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