/KASE, August 22, 13, August 19, 13 news repetition/ – Kazakhstan Stock
Exchange (KASE) informs that the special trading session to offer bonds
KZP02Y03D959 (KZ2C00001899, KASE official list Rated Debt Securities
category, AGKKb3; KZT1,000, KZT3.0 bn; December 5, 12 – December 5, 15;
semi-annual coupon 7.00 % APR; 30/360) of Agricultural Credit Corporation
(Astana) will be held in KASE trading system on August 27.
The mentioned bond issue is the second one within Agricultural Credit
Corporation first bond program, registered by the Agency of the Republic
of Kazakhstan on Regulation and Supervision of Financial Market and Financial
Organizations on March 18, 2011 to the total amount of KZT6.0 bn and the
third issue of the issuer's "internal" bonds listed on KASE.
BCC Invest - Subsidiary organization of Bank CenterCredit (Almaty) will act
as seller at the special trading session.
The declared volume of offering is 536,112 bonds KZP02Y03D959 (17.9 % from
the total number of authorized bonds).
The special trading session will be held in KASE trading system from 11:30
a.m. to 03:00 p.m. Almaty time (ALT). The security ticker at the trades –
AGKKb3. The issuer shall define the cut-off till 04:00 p.m. ALT on the day
of the trading session.
Settlements shall be made by Central Securities Depository in compliance
with its rules. A buyer of securities must provide money available to pay
for securities bought on Central Securities Depository correspondent account
at 03:00 p.m. ALT (Т+0).
Market and limited orders submitted to the KASE trading system by the closed
method will be accepted. Market orders acceptance rate – 70 %.
As the price an order will indicate the bonds' "net" price (excluding interest
accrued) expressed as percentage of the security face value accurate within
the fourth decimal. The number of financial instruments in an order must be
equal to the number of bonds in units. The volume of an order for purchase
should be equal to the production of the quantity of bonds in the order and
the "dirty" price of one bond (including interest accrued). The deal volume
is calculated in compliance with article 14 of chapter 3 of the Methodology
of Bonds Yield Calculation and Amount of Deals in Bonds available at
http://www.kase.kz/files/normative_base/bond_yield_eng.pdf
The method of acceptance of orders for purchase – at the cut-off price.
Only KASE stock market members may submit application for participation in
the trades. Other investors can submit orders through those legal entities.
The full list of stock market members is available at
http://www.kase.kz/en/membership
The bonds issue prospectus is available on KASE website at
http://www.kase.kz/files/emitters/AGKK/agkkf9b3_2012.pdf
The Regulations on Trading Methods are available at
http://www.kase.kz/files/normative_base/methods_eng.pdf
[2013-08-22]