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03.12.2019 19:44 #Trading information

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:

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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:

------------------------------- ------------------------------------------------
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]