Tsesnabank (Kazakhstan) on August 23 sold 1.6 bn bonds KZP03Y07E089 (KZ2C00001824, TSBNb13) at KASE, under 9.5 % APR

/KASE, August 23, 12/ - A special trading was held today in the trading system of Kazakhstan Stock Exchange for placement of bonds KZP03Y07E089 (KZ2C00001824, KASE official list, Rated Debt Securities category, TSBNb13; KZT1, KZT6.0 bn, August 2, 2012 - August 2, 2019; semi-annual coupon 8.00 % APR; 30/360) of JSC "Tsesnabank" (Astana). The issue of the mentioned bonds is the third one under the third bond program of JSC "Tsesnabank" registered by the Committee on Regulation and Supervision of Financial Market and Financial Organizations of the National Bank of the Republic of Kazakhstan on August 10, 2011 to a total amount of KZT100.0 bn, and the thirteenth issue of "internal" bonds of the said issuer, which underwent listing procedure at KASE. JSC "Tsesna Capital" (Astana) acted as the seller at the special trading session The declared volume of offering was 2,000,000,000 bonds KZP03Y07E089 (33.3 % of the total number of authorized bonds of this issue). As the price an order would indicate the bonds' "net" price (excluding accrued interest) expressed as percentage of the security's face value accurate within the fourth decimal. Orders for participation in the trading were submitted from 11:30 to 15:00 o'clock Almaty time (ALT) by the closed method. Limited orders only were accepted. The method of acceptance of orders for purchase - at prices of orders equal to the cut-off price or more favorable for the seller. Settlement scheme - Т+0. Two KASE members took part in the trading, submitting four orders for purchase of 1,649,990,000 bonds, which remained active at the end of orders submission period. Hence, the bid to ask made up 82.5 %. The "net" price in orders submitted varied was at 92.4912 % (9.5 % APR to maturity for buyer). The entire volume of active orders fell on pension market entities accounted. Upon results of the trading the issuer fixed the cut-off price at 92.4912 %, which corresponds with a yield to maturity for buyer of 9.5 % APR, and satisfied both orders, having thus placed 1,649,990,000 bonds. KZT1,533,795,504.21 were raised as a result. According to JSC "Central Securities Depository" (Almaty) all transactions by the moment of this publication were executed. [2012-08-23]