Special trading session for offering 20.0 mln bonds KZ2C00006765 (BRKZb18) of Development Bank of Kazakhstan is held on KASE today

14.05.20 09:24
/KASE, May 14, 2020/ – As announced earlier, a special trading session for the offering of bonds KZ2C00006765 (KASE main market, category "bonds", BRKZb18) of Development Bank of Kazakhstan (Nur-Sultan) is held in the trading system of Kazakhstan Stock Exchange (KASE) today on the terms below (Almaty time). -------------------------------------------------------------------------- Security type: coupon bonds ISIN: KZ2C00006765 KASE trade code: BRKZb18 Face value, tenge: 1,000.00 Issue volume, tenge: – registered: 20,000,000,000 – outstanding: – Circulation start date: date of first successful bond offering auction Circulation end day: will be determined later Redemption start date: will be determined later Maturity: 20 years (7,200 days) Coupon rate: 0.15 % APR Coupon payment periodicity: twice a year Coupon payment start dates: will be determined later Time base: 30 / 360 -------------------------------- ----------------------------------------- Trade date: May 14, 2020 Declared offering amount, tenge: 20,000,000,000 Lot size, pieces: 1 Trade subject: "clean" price Buy order types: limit Order submission method: closed Order collection period: 10:30–11:30 Order confirmation period: 10:30–12:00 Striking time: 13:00 (Т+0) Payment date and time: May 14, 2020, 13:00 Order cut-off method: orders are cut-off, whose prices are equal to or below the cut-off price Order execution method: at cut-off price; by the time of acceptance of offset orders Trades initiator: Kazkommerts Securities (Subsidiary of Kazkommertsbank), (Almaty) Trading system sector: Debts_List_ST1 Trading system group: Bonds_ST1_M -------------------------------------------------------------------------- As the price an order must indicate the bonds' "clean" price (without taking into account the accrued interest) expressed in percentage of the security's face value with accuracy of up to the fourth decimal place. The number of financial instruments in an order must be represented by the number of bonds in pieces equal to or multiple of the lot size. As the volume orders must quote the product of the bonds number, indicated in an order, and the face value of one bond. The deal volume is calculated in compliance with item 18 of chapter 3 of the Methodology of Bonds Yield Calculation and Amount of Deals in Bonds, available at http://kase.kz/files/normative_base/bond_yield_eng.pdf Settlements will be made by the Central Securities Depository in compliance with its rules. The buyer of securities must ensure the availability of money payable for securities bought at Central Securities Depository correspondent account by the time indicated in the table. Only KASE stock market members may submit orders for participation in the trades. Other investors can submit orders through those legal entities. The list of KASE stock market members is available at http://www.kase.kz/en/membership Details of said bonds issue will be released on http://kase.kz/en/bonds/show/BRKZb18/ [2020-05-14]