Development Bank of Kazakhstan raised KZT30.0 bn on KASE selling ten-year bonds KZ2С00004190 (BRKZb13) at 11.00 % APR on December 3

/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: -------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------- * 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: -------------------------------------------------------------------------------- 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 -------------------------------------------------------------------------------- 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: ------------------------------- ------------------------------------------------ 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 -------------------------------------------------------------------------------- [2019-12-03]