Development Bank of Kazakhstan on May 31 raised KZT20.0 bn on KASE selling 5-year bonds KZP02Y05F512 (KZ2C00003903, BRKZb9) with yield to maturity of 10.50 % APR

/KASE, May 31, 2017/ – A special trading session to offer bonds KZP02Y05F512 (KZ2C00003903, KASE official list, category "debt securities of quasi-public entities", BRKZb9, KZT1,000, KZT20.0 bn; 5 years; 30/360)of Development Bank of Kazakhstan (Astana) was held in KASE trading system today. Below are the bid parameters and results of the special trading session. BID PARAMETERS: ------------------------------------------------------------------ ----------------------------- Number of participants: 8 Number of orders submitted (total / active): 25 / 24 Volume of active orders*, mln tenge: 27,071.0 Bid to ask, %: 135.4 Coupon rate on orders submitted, % APR (all / active): – minimum 10.0000 – maximum 10.7000 – weighted average 10.4384 / 10.4373 ------------------------------------------------------------------------------------------------- * 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: 20,000,000 Volume of orders executed, tenge: 20,000,000,000.00 Number of orders executed: 18 Number of participants whose orders were executed: 8 Volume of orders executed, % of plan: 100 Coupon rate in orders executed, % APR: 10.5000 -------------------------------------------------------------------------------------------------- In the entire volume of active orders the second-tier banks (STBs) accounted for 25.9 %, banks’ clients – 55.4 %, brokerage firms – for 6.7 %, clients of brokerage firms – for 12.0 %, including individuals – 0.05 %. According to Central Securities Depository (Almaty), all deals on this offering were executed by the end of settlements by trade results. 35% of the total volume of bonds sold were bought by STBs, 41.2 % – banks’ clients, 7.5 % – by brokerage companies, 16.3 % – by clients of brokerage firms, including individuals – 0.01 %. OFFERING TERMS: --------------------------------------------------------------------------------------------------- Trade date: May 31, 2017 Declared volume at face value, mln tenge: 20,000.0 Lot size, pieces: 1 Trade subject: coupon rate Purchase orders types: limit Market order execution rate, %: 0 Order submission method: closed Order acceptance period: 11:30–12:30 Order confirmation period: 11:30–13:00 Striking time: 14:30 Payment date and time: May 31, 2017 before 14:30 (Т+0) Order execution method: at cut-off price; orders are executed according to time of acceptance of offset orders by the Exchange 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 ----------------------------------------------------------------------------------------------------- [2017-05-31]