Development Bank of Kazakhstan on August 22 raised KZT8.8 bn on KASE selling 15-year bonds KZP03Y15F510 (KZ2C00004000, BRKZb10) with yield to maturity of 11.25 % APR

/KASE, August 22, 2017/ – A special trading session for offering of bonds KZP03Y15F510 (KZ2C00004000, KASE main market, category "bonds", BRKZb10, KZT1,000, KZT8,836.0 mln; 15 years; 30/360) of Development Bank of Kazakhstan (Astana) was held in KASE trading system today on the terms below. OFFERING TERMS: ---------------------------------------------------------------------- Trade date: August 22, 2017 Declared volume at face value, mln tenge: 8,836.0 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: August 22, 2017, 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: Bonds_ST1_M ---------------------------------------------------------------------- A special trading session for additional offering of said bonds was held in KASE trading system from 15:45 to 16:15 o'clock, on the terms below TERMS OF ADDITIONAL OFFERING: --------------------------------------------- -------------- Number of additionally offered bonds, pieces: 836,000 Lot size, pcs.: 1 Price ("coupon rate") of 11.25 additionally offered bonds, % APR: Purchase order types: market Order submission method: closed Order collection period: 15:45–16:15 Order confirmation period: 15:45–16:45 Cut-off time: 16:45 Payment date: 22.08.17 (Т+0) ------------------------------------------------------------ OFFERING'S BID PARAMETERS: ------------------------------------------------------- ------------------------ Number of participants: 3 Number of orders submitted (total / active): 18 / 10 Volume of active orders*, mln tenge: 13,676.0 Bid to ask, %: 145.3 Coupon rate on orders submitted, % APR: – minimum 10.0000 – maximum 11.5000 – weighted average 11.2274 -------------------------------------------------------------------------------- ADDITIONAL OFFERING'S BID PARAMETERS: ------------------------------------------------------- ------------------------ Number of participants: 1 Number of orders submitted (total / active): 1 / 1 Volume of active orders*, tenge: 836,000,000 Bid to ask, %: 100 -------------------------------------------------------------------------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. In the total volume of active orders institutional investors accounted for 93.9 %, brokerage firms – for 6.1 %. OFFERING RESULTS INCL. ADDITIONAL OFFERING: ---------------------------------------------------------------------------------- Volume of orders executed, bonds: 8,836,000 Volume of orders executed, tenge: 8,836,000,000.00 Number of orders executed: 6 Number of participants whose orders were executed: 3 Volume of orders executed, % of plan: 100 Coupon rate in orders executed, % APR: 11.25 ---------------------------------------------------------------------------------- According to Central Securities Depository (Almaty), all deals on this offering and additional offering were executed by the end of settlements by trade results. 90.5 % of the total volume of bonds sold were bought by institutional investors, 9.5 % – by brokerage companies. [2017-08-22]