/KASE, December 3, 2019/ – A special trading session for offering bonds KZ2С00004190 (BRKZb13, KZT1,000; KZT30.0 bn; December 3, 2019 – December 3, 2029, 30/360) of the Development Bank of Kazakhstan (Nur-Sultan) was held in KASE trading system today on the terms below.

BID PARAMETERS:

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Number of participants:                                          5
Number of orders submitted (total / active) including:           12 /12
– limit:                                                         12 / 12
– market:                                                        0
Volume of active orders*, mln tenge:                             31,500.0
– limit:                                                         31,500.0
– market:                                                        0
Bid to ask, %:                                                   105.0
Coupon rate on active orders submitted, % APR (total / active):
– minimum                                                        10.7500
– maximum                                                        11.0000
– weighted average                                               10.9930
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* 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 second-tier banks (STBs) accounted for 1.6 %, the share of broker-dealer firms accounted for 3.2 %, other institutional investors accounted for 95.2 %.

OFFERING RESULTS:

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Volume of orders executed, bonds:                              30,000,000
Volume of orders executed, tenge:                              30,000,000,000.0
Number of orders executed:                                     9
Number of participants whose                                   5
orders were executed:
Volume of orders executed, % of plan:                          100
Coupon rate in orders executed, % APR:                         11.0000
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According to Central Securities Depository (Almaty), deals on this offering were fully executed by the end of settlements by trade results. At that, 1.7 %, in terms of the raised volume were purchased by STBs, 3.3 % by broker-dealers, 95.0 % by other institutional investors.

OFFERING TERMS:

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Trade date:                     December 3, 2019
Declared placement volume, KZT: 30,000,000,000
Lot size:                       1
Trade subject:                  coupon rate
Purchase orders types:          limit
Order submission method:        closed
Order collection time:          11:30–12:30
Order confirmation time:        11:30–13:00
Striking time:                  14:30 (Т+0)
Payment date and time:          December 3, 2019, 14:30
Order cut-off method:           orders are cut-off, whose
                                prices are equal to or
                                above the cut-off price
Order execution method:         at cut-off price; by the time of acceptance of
                                offset orders
Trade initiator:                Kazkommerts Securities (subsidiary of
                                Kazkommertsbank)
Trading system sector:          Debts_List_ST1
Trading system group:           Bonds_ST1_M
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[2019-12-03]