Eurasian Bank (Kazakhstan) on July 26 sold 11.5 mln bonds KZP01Y15D252 (KZ2C00001212, EUBNb8) on KASE at 9.26 %

/KASE, July 26, 13/ – A special trading session to place bonds KZP01Y15D252 (KZ2C00001212, KASE official list, Rated Debt Securities category, EUBNb8; KZT100, KZT15.0 bn; October 15, 2008 – October 15, 2023, floating semi-annual coupon 5.70 % APR for the current coupon period, 30/360) of JSC "Eurasian Bank" (Almaty) was held in KASE trading system today. JSC "Eurasian Capital" (Almaty) acted as the seller at the special trades. The declared volume of placement was equal to 27,000,000 bonds KZP01Y15D252 (18.0 % 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 were submitted to KASE trading system from 11:30 to 15:00 o'clock (Almaty time) (ALT) by the closed method. Only limited orders were accepted. The method of acceptance of orders for purchase – at prices of orders equal to the cut-off price or those being more profitable for the seller. Orders were cut off whose prices were lower than the cut-off price. Settlement scheme – Т+0. Two KASE members took part in the trading, submitting two orders for purchase of 11,490,000. Both orders remained active at the end of order submission period. Hence, the bid to ask made up 42.6 %. The "net" prices in active orders were at levels 72.8458 % (10.00 % p.a.) and 76.8000 % (9.2569 % p.a.), making up on weighted average 76.7966 % (9.2575 % per annum to maturity for buyer). In the total volume of active orders a brokerage firm accounted for 99.91 %, a client of a brokerage firm – for 0.09 %. Upon results of the trading the issuer fixed the cut-off price at 76.8000 %, which corresponds with the bonds' yield to maturity for buyer of 76.8000 % per annum, and satisfied one active order of brokerage company thus selling 11,480,000 bonds. KZT900,022,433.33 were raised as a result. [2013-07-26]