Subscription to international bonds XS2024657061 of Asian Development Bank is held on KASE today

18.07.19, 12:14
/KASE, July 18, 2019/ – As announced earlier, an initial offering of international bonds XS2024657061 of the Asian Development Bank is conducted in the trading system of Kazakhstan Stock Exchange (KASE, or the Exchange) today by way of subscription to them. These bonds are issued as part of the Global Medium Term Notes Program (GMTN Programme). Tengri Capital MB (hereinafter – the Seller) will act as the seller during the subscription to these bonds (hereinafter, the Seller). The nominal volume of bonds being offered is up to KZT15,392,000,000. A price in an order should stipulate the value of a fixed margin to quarterly inflation as percentage of the face value of the bond with accuracy of up to second decimal place. In the case of market bids, the "market yield" is indicated as the price. The number of financial instruments in an order must be represented by the nominal volume in tenge. The minimum lot is KZT1,000. The nominal volume of the bonds planned for placement is preliminary and is subject to change on notification of the initiator of the said subscription. Orders for the subscription will be received on July 18, 2019 from 11:00 to 13:00 Almaty time (ALT). Limit and market orders submitted to KASE trading system by the closed method will be accepted during the subscription. Market order execution rate - 30%. The date of providing the register of orders accepted by the Exchange to the Seller is July 18, 2019; the date of providing the register of executed orders by the Seller to the Exchange is July 18, 2019; the settlement date is July 24, 2019. Settlements are carried out by the Central Securities Depository JSC. Order collection time is preliminary and is subject to extension upon notification of the initiator of the said subscription. Orders for participation in the subscription are submitted to the Exchange only through KASE members of "stock market" category. Full list of KASE members by category is available on http://www.kase.kz/en/membership According to the terms of this subscription, additional information on the investor disclosed to the Seller of said bonds must include the surname, first name, patronymic (if available) of an individual or the name of a legal entity, details of sub-accounts of investors in the register of accepted orders. The Rules of Subscription to Securities are available on KASE website – https://kase.kz/files/normative_base/rules_ipo_eng.pdf [2019-07-18]