Tsesnabank (Kazakhstan) on September 24 sold 849.0 m bonds KZP02Y07E081 (KZ2C00001816, TSBNb12) at 9.5 % APR
24.09.12 17:43
/KASE, September 24, 12/ - A special trading session to offer bonds
KZP02Y07E081 (KZ2C00001816, KASE official list, Rated Debt Securities
category, TSBNb12; KZT1, KZT4.0 bn; August 2, 2012 - August 2, 2019, semi-
annual coupon 8.00 % APR, 30/360) of JSC "Tsesnabank" (Astana) was held
today in KASE trading system
The issue of the mentioned bonds is the second 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 12th issue of "internal" bonds of the said issuer which underwent listing at
KASE.
JSC "Tsesna Capital" (Astana) acted as seller at the special trading session.
The declared volume of placement was 1,000,000,000 bonds KZP02Y07E081
(25.0 % of the total number of registered bonds of this issue).
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. Orders for participation in the placement were submitted
from 11:30 to 15:00 (Almaty time) (ALT) by the closed method. Only limited
orders were accepted to the trading. 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 - ΠΆ+0.
One KASE member - a brokerage firm acting on behalf of a pension market
entity - took part in the trading, submitting two orders for purchase, of which
one order for purchase of 849,000,000 bonds remained active at the end of orders
submission period. Hence, the bid to ask made up 85 %. The "net" price in the
submitted order was at 92.5190 % (9.5 % APR to maturity for buyer).
Upon results of the trading the issuer fixed the price at the same level, and
satisfied the mentioned order in full. KZT795,296,976.67 were raised as a result.
According to JSC "Central Securities Depository" (Almaty) the transaction by the
moment of this publication was executed.
[2012-09-24]