AsiaCredit Bank (Kazakhstan) on September placed at KASE 1.0 bn bonds KZP01Y07D887 (KZ2C00001766, LARIb2) at 8.5 % APR

/KASE, September 7, 12/ - Today in KASE trading system Kazakhstan Stock Exchange (KASE) a special trading session was held to offer bonds KZP01Y07D887 (KZ2C00001766, KZT1, KZT10.0 bn; July 16, 2012 - July 16, 2019, semi-annual coupon 8.00 % APR, 30/360) of JSC "AsiaCredit Bank" (Almaty). JSC "Managing company "Asia Capital" (Almaty) acted as authorized seller at the special trading session. The declared volume of placement was equal to 2,000,000,000 bonds KZP01Y07D887 (20 % of the total number of registered bonds). 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. Limited and market orders were submitted to KASE trading system from 11:30 to 15:00 (Almaty time) (ALT) by the closed method. The method of acceptance of orders for purchase - at the cut-off price. Settlement scheme - Т+0. One KASE member took part in the trading, submitting three orders for purchase of 1,006,000,000 bonds, which remained active at the end of orders submission period. Hence, the bid to ask made up 50.3 %. The "net" price in orders submitted varied was at 97.4244 % (8.5 % APR to maturity for buyer). In the total volume of active orders the brokerage company accounted for 99.4 %, its client - 0.6 %. Upon results of the trading the issuer satisfied all three orders. KZT991,490,797.34 were raised as a result. According to JSC "Central Securities Depository" (Almaty) all transactions by the moment of this publication were executed. [2012-09-07]