Development Bank of Kazakhstan JSC raised on KASE 24.9 bln tenge on December 26 by placing 10-year bonds KZ2C00016095 (BRKZb47) with 1.95% margin
/KASE, December 26, 2025/ – Today, the Kazakhstan Stock Exchange's (KASE) trading system hosted a special trading session for placement of bonds KZ2C00016095 (KASE's main market, bonds category, BRKZb47; 1,000 tenge, 50.0 bln tenge; 12.26.25 – 12.26.35; actual/365) of Development Bank of Kazakhstan JSC. Below are the demand parameters and special trading session results.
--------------------------------------------------------------------- DEMAND PARAMETERS: ------------------------------------------------- ------------------- Number of participants: 5 Number of orders submitted (total / active): 9 / 8 Volume of active orders*, mln tenge: 39,900.8 Demand vs. offering: 79.8% Margin rate in submitted orders, % (for all / active): – minimum 1.9500 – maximum 2.0000 – weighted average 1.9706 / 1.9688 --------------------------------------------------------------------- * active orders – orders that have not been cancelled by the trading participants at the time of the order submission period expiration, including those confirmed by participants of the Confirmation System.
Of the total volume of active orders, the banks accounted for 31.3%, other institutional investors accounted for 62.4%, and other legal entities accounted for 6.3%.
PLACEMENT RESULTS:
-------------------------------------------------- ---------------- Volume of executed orders, bonds: 24,900,789 Volume of executed orders, tenge: 24,900,789,000.0 Number of executed orders: 7 Number of participants which orders were executed: 4 Volume of executed orders, % of plan: 49.8 Fixed margin rate in executed 1.9500 orders, %: -------------------------------------------------------------------
In terms of the main categories of investors during placement, 50.2% of the total volume was purchased by banks, 39.8% by other institutional investors, and 10.0% by other legal entities.
According to data from Central Securities Depository JSC, transactions for this placement were completed and executed in full by the end of settlements based on the trading results.
PLACEMENT CONDITIONS:
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Trading date: 12.26.25
Declared placement volume, tenge: 50,000,000,000
Lot size, pcs.: 1
Trade subject: fixed margin rate
Type of purchase orders: limit
Order submission method: closed
Order acceptance time: 09:00-12:00
Order confirmation time: 09:00-12:30
Cut-off time: 14:00 (T+0)
Payment date and time: 12.26.25, 14:00
Order cut-off method: orders with prices equal to or
higher than the cut-off price are cut off
Method of executing the limit orders at a single cut-off price
depending on prices of orders:
Method of executing the limit orders by time of acceptance of counter
depending on the order of their orders
submission:
Trading initiator: SkyBridge Invest JSC
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Joint underwriters of Development Bank of Kazakhstan JSC are Alatau City Invest JSC, BCC Invest JSC, a subsidiary of Bank CenterCredit JSC, Halyk Finance JSC and SkyBridge Invest JSC.
[2025-12-26]