Development Bank of Kazakhstan raised KZT41.0 bn on KASE selling five-year bonds KZ2C00005916 (BRKZb16) at 10.27 % APR on July 16

16.07.19 18:51
/KASE, July 16, 2019/ – A special trading session for offering bonds KZ2C00005916 (BRKZb16, KZT1,000, KZT70.0 bn; July 16, 2019 – July 16, 2024, 30/360) of the Development Bank of Kazakhstan (Nur-Sultan) was held in KASE trading system today on the terms below. BID PARAMETERS: -------------------------------------------------------------------------------- Number of participants: 3 Number of orders submitted (total / active) including: 3 / 3 – limit: – market: 3 / 3 Volume of active orders*, mln tenge: 41,000.0 – limit: 41,000.0 – market: 0 Bid to ask, %: 58.6 Coupon rate on active orders submitted, % APR (total / active): – minimum 10.0000 – maximum 10.2700 – weighted average 10.2634 -------------------------------------------------------------------------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. In the total volume of active orders second-tier banks (STBs) accounted for 2.4 %, the share of other institutional investors accounted for 97.6 %. OFFERING RESULTS: -------------------------------------------------------------------------------- Volume of orders executed, bonds: 41,000,000 Volume of orders executed, tenge: 41,000,000,000.0 Number of orders executed: 3 Number of participants whose 3 orders were executed: Volume of orders executed, % of plan: 58.6 Coupon rate in orders executed, % APR: 10.2700 -------------------------------------------------------------------------------- According to Central Securities Depository (Almaty), deals on this offering were fully executed by the end of settlements by trade results. OFFERING TERMS: ------------------------------- ------------------------------------------------ Trade date: July 16, 2019 Current maturity: 5 years (1,800 days) Declared placement volume, KZT: 70,000,000,000 Lot size: 1 Trade subject: coupon rate Purchase orders types: limit Order submission method: closed Order collection time: 11:30–12:30 Order confirmation time: 11:30–13:00 Striking time: 14:30 (Т+0) Payment date and time: July 16, 2019, 14:30 Order cut-off method: orders are cut-off, whose prices are equal to or above the cut-off price Order execution method: at cut-off price; by the time of acceptance of offset orders Trade initiator: Kazkommerts Securities (subsidiary of Kazkommertsbank) Trading system sector: Debts_List_ST1 Trading system group: Bonds_ST1_M -------------------------------------------------------------------------------- [2019-07-16]