Special trading session for offering of bonds KZ2C00007987 (BRKZb23) of Development Bank of Kazakhstan on KASE on November 30 declared failed

30.11.21 18:38
/KASE, November 30, 2021/ – A special trading session for the offering of bonds KZ2C00007987 (KASE main market, category "bonds", BRKZb23) of Development Bank of Kazakhstan JSC (Nur-Sultan) was held in the trading system of Kazakhstan Stock Exchange (KASE) today. ------------------------------------------------------------------------ Type of security: coupon bonds ISIN: KZ2C00007987 KASE trade code: BRKZb23 Face value, tenge: 1,000.00 Issue volume, tenge: – registered 22,200,000,000 – outstanding – Circulation start date: date of the first successful trades on bond offering Last circulation day: will be determined later Repayment start date: will be determined later Circulation term: 10 years (3,600 days) Coupon rate: will be determined based on results of the first successful trades on placement of bonds Coupon payment periodicity: twice a year Coupon payment start dates: will be determined later Time base: 30/360 ------------------------------------------- ---------------------------- Trade date: November 30, 2021 Announced offering volume, tenge: 22,200,000,000 Lot size, pieces: 1 Trade subject: coupon rate Purchase order types: limit Order submission method: closed Order collection period: 11:00–12:00 Order confirmation period: 11:00–12:30 Cut-off time: 13:00 (Т+0) Payment date and time: November 30, 2021, 13:00 Order cut-off method: orders are cut-off, whose prices are equal to or above the cut-off price Limit order execution method at single cut-off price depending on the prices of orders: Limit order execution method by the time of acceptance depending on the order of their submission: of offset orders Trade initiator: Subsidiary organization of Halyk Bank of Kazakhstan Halyk Finance ------------------------------------------------------------------------ The special trading session was recognized and declared invalid in accordance with subparagraph 2) of paragraph 1 of article 27 of KASE's internal document "Regulations on methods of conducting trades in trading and clearing systems" due to the fact that KASE did not accept a single limit counter order. [2021-11-30]