Tsesnabank (Kazakhstan) on December 21 placed 2.0 bn bonds KZP03Y07E089 (KZ2C00001824, TSBNb13) at 8.0 % APR

/KASE, December 21, 12/ - The special trading session to offer bonds KZP03Y07E089 (KZ2C00001824, KASE official list Rated Debt Securities category, TSBNb13; KZT1, KZT6.0 bn; August 2, 12 - August 2, 19, semi-annual coupon 8.00 % APR, 30/360) of Tsesnabank (Astana) was held today in KASE trading system. The issue of the mentioned bonds is the third within the third bond program of 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 13th issue of the issuer "internal" bonds listed on KASE. At trades the issuer planned to place 2,500,000,000 bondsKZP03Y03С363 (41.7 % from 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 a.m. to 03:00 p.m. 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 - Т+0. Two KASE members took part in the trading, submitting six orders for purchase, of which four orders for purchase of 2,010,000,000 bonds remained active at the end of orders submission period. Thus, the bid made up 80.4 % from the ask. The "net" prices in the submitted orders were at 96.4153 % (8.50 % APR) and 97.1174 % (8.00 % APR) or weighted average 97.1157 % (8.00 % APR to maturity for a buyer). In the total volume of active orders pension market entities accounted for 99.7 %, brokerage and dealer company client - 0.3 %. By results of the trading the issuer fixed the cut-off price at 97.1174 %, which corresponds with the yield of bonds to maturity of 8.00 % APR, and satisfied two orders submitted by the pension market entity, having sold 2,005,000,000 bonds. The amount raised made up KZT2,000,336,370.00. [2012-12-21]