Development Bank of Kazakhstan on July 28 placed 15.0 mln bonds KZP03Y15E827 (BRKZb6) on KASE at 15.00 % APR

/KASE, July 28, 2016/ – A special trading session for offering of bonds KZP03Y15E827 (KASE official list, category "quasi-public debt securities"; BRKZb6; KZT1,000, KZT15.0 bn; July 28, 2016 – July 28, 2031; fixed semi-annual coupon) of Development Bank of Kazakhstan (Astana) was held in KASE trading system today. ISSUE PARAMETERS: ------------------------------------------------------------------------------ Security type: coupon bonds National identification number: KZP03Y15E827 KASE trade code: BRKZb6 Face value, tenge: 1,000.00 Issue volume, mln tenge: 15,000.00 First circulation date: July 28, 2016 Last circulation day: July 27, 2016 Redemption start date: July 28, 2031 Circulation term: 15 years (5,400 days) Coupon rate: 15 % APR Coupon payment periodicity: twice a year Coupon payment start dates: July 28 and January 28 annually Time base: 30/360 ----------------------------------------------- ------------------------------ OFFERING TERMS: ----------------------------------------------- ------------------------------ Trade date: July 28, 2016 Declared volume at face value, mln tenge: 15,000.00 Trade subject: coupon rate Lot size, pieces: 1 Purchase orders types: limited Market order execution rate, %: 0 Order submission method: closed Order receipt period: 11:30–12:30 Order confirmation period: 11:30–13:00 Striking time: 14:30 Payment date: July 28, 2016 Payment time: before 14:30 (Т+0) Order execution method: at cut-off price Order cut-off method: orders are cut-off, whose prices are equal to or above the cut-off price Trades initiator: Kazkommerts Securities (subsidiary organization of Kazkommertsbank) (Almaty) Trading system sector: Debts_List_ST1 Trading system group: Q_Gov_ST1 ----------------------------------------------- ------------------------------ BID PARAMETERS: ----------------------------------------------- ------------------------------ Number of participants: 1 Number of orders submitted (total / active): 1 / 1 including: – limited: 1 – market: 0 Volume of active orders*, mln tenge: 15,000.0 including: – limited: 15,000.0 – market: 0 Bid to ask, %: 100 Coupon rate on order submitted, %: 15.0000 ------------------------------------------------------------------------------ * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. OFFERING RESULTS: ----------------------------------------------- ------------------------------ Volume of orders executed, bonds: 15,000,000 Volume of orders executed, tenge: 15,000,000,000.00 Number of orders executed: 1 Volume of orders executed, % of plan: 100 Coupon rate in orders executed, %: 15.0000 ------------------------------------------------------------------------------ According to Central Securities Depository (Almaty), the deal on this offering was executed by the end of trading-based settlements. [2016-07-28]