/KASE, October 22, 2019/ – An initial offering of international bonds
XS2069962343 of International Finance Corporation (IFC) is held in the
trading system of Kazakhstan Stock Exchange (KASE, or the Exchange) today
by way of subscription to them.
"Tengri Partners Investment Banking (Kazakhstan)" JSC (hereinafter – the
Seller) acts as the seller during the subscription to said bonds.
The nominal amount of bonds being offered – up to KZT15,000,000,000.
As the price an order must indicate the yield to maturity denominated in annual
percentage with accuracy of up to the second decimal place. In case of market
orders, the "yield at market" is indicated as the price.
The number of financial instruments in an order must be represented by the
nominal volume in tenge. The minimum lot is KZT1,000. The subscription
conditions contain no restrictions on buyers with regard to the maximum
number of bonds in orders submitted.
Orders for the subscription will be collected on October 22, 2019 from 11:00 to
16:30 o'clock Almaty time (ALT). Limit and market orders submitted to KASE
trading system by the closed method will be accepted during the subscription.
Market order execution rate – 30 %.
The date of provision to the Seller of the register of orders accepted by the
Exchange is October 22, 2019; the date of provision of the register of executed
orders by the Seller to the Exchange is October 22, 2019; the settlement date
is October 28, 2019. The Central Securities Depository JSC will carry out
Orders for participation in the subscription are submitted to the Exchange only
through KASE stock market members. The full list of KASE members by category is
available on http://kase.kz/en/membership
According to this subscription's terms the additional information on the
investor disclosed to the Seller of said bonds must include the surname, first
name, patronymic (if available) of the individual or the name of the legal
The Rules of Subscription to Securities are available on KASE website –