National Company Kazakhstan Engineering on December 7 sold 45.3 mln bonds KZP01Y03E322 (KZ2C00001865, KZENb1) at KASE at 7.00 % APR

/KASE, December 7, 12/ - Kazakhstan Stock Exchange (KASE) informs that a special trading session to place bonds KZP01Y03E322 (KZ2C00001865, KASE official list, Rated Debt Securities category, KZENb1; KZT100, KZT15.0 bn; November 6, 2012 - November 6, 2015, semi-annual coupon 5.00 % APR, 30/360) of JSC "National Company "Kazakhstan Engineering" (Astana) was held today in KASE trading system. JSC "ASYL-INVEST" (Almaty) acted as the seller at the special trading session. The declared volume of offering was equal to 50,000,000 bonds KZP01Y03E322 (33.3 % of the total number of authorized bonds of this issue). As the price an order would indicate the bonds' "net" price (excluding interest accrued) expressed as percentage of the security's face value accurate within the fourth decimal. Orders for participation in the placement were submitted from 11:30 to 13:00 o'clock Almaty time (ALT), by the closed method. Only limited orders were accepted to the trading. The method of acceptance of orders for purchase - at prices of orders equal to the cut-off price or being more profitable for the seller. Settlement scheme - Т+0. Two KASE members took part in the trading submitting two orders for purchase of 45,340,000 bonds. Both orders remained active at the end of order submission period. Hence, the bid made up 90.7 % of the ask. The "net" prices in orders submitted were at 94.8035 % (7.00 % per annum to maturity for buyer). In the total volume of active orders 82.7 % came from a pension market entity, 17.3 % - from a brokerage firm's client. Upon results of the trading the issuer fixed the cut-off price at the level of order prices and satisfied them in full. KZT4,317,912,078.89 were raised as a result. According to JSC "Central Securities Depository" (Almaty) both transactions were executed by the moment of release of this publication. [2012-12-07]