/KASE, March 20, 2023/ – A special trading session for the offering of bonds KZ2D00009628 (EABRb40; $200.0 mln; 20.03.23 – 20.03.26; 30/360) of Eurasian Development Bank was held in the trading system of Kazakhstan Stock Exchange (KASE) today. Below are parameters of the bid and results of the special trading session.

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BID PARAMETERS:                                                               
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Number of participants:                                    3                  
Number of participants' accounts:                          65                 
Number of orders submitted (all / active ones),            108 / 65           
incl.:                                                                        
– limit:                                                   108 / 65           
– market:                                                  0                  
Volume of active orders*, mln USD:                         81.9               
– limit:                                                   81,9               
– market:                                                  0                  
Volume of active orders, equivalent in tenge               37,725.8           
at the rate of the National Bank of the                                       
Republic of Kazakhstan:                                                       
Bid to ask, %:                                             109.2              
Rate of coupon on orders submitted, % APR                                     
(all / active ones):                                                          
– minimum                                                  5.7100             
– maximum                                                  5.7200             
– weighted average                                         5.7194             
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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, banks accounted for 6.1%, broker-dealer organizations – for 24.4%, other institutional investors – for 26.3%, other legal entities – for 42.6%, individuals – for 0.6%.

OFFERING RESULTS:

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Volume of orders executed, bonds:         80,000,000      
Volume of orders executed, US dollar:     80,000,000.0    
Volume of executed orders, equivalent                     
in tenge at the rate of the National Bank 36,863,200,000.0
of the Republic of Kazakhstan:                            
Number of orders executed:                49              
Number of participants, whose orders      3               
were executed:                                            
Number of participants' accounts:         49              
Volume of orders executed, % of plan:     106.7           
Rate of coupon in orders executed, % APR: 5.7200          
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According to the Central Securities Depository (Almaty), the deals on this offering by the end of settlements based on the results of the trades were executed in full.

In terms of the main categories of investors during placement, 6.2% of the total volume was purchased by banks, 25.0% - by brokerage and dealer organizations, 25.2% - by other institutional investors, 43.6% - by other legal entities.

OFFERING TERMS:

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Trade date:                            20.03.23                 
Announced offering volume, US dollar:  75,000,000               
Lot size, pieces:                      1                        
Trade subject:                         coupon rate              
Purchase order types:                  limit                    
Order submission method:               closed                   
Order collection period:               10:00–14:00              
Order confirmation period:             10:00–14:30              
Cut-off time:                          15:00 (Т+0)              
Payment date and time:                 20.03.23, 15:00          
Order cut-off method:                  orders are cut-off, whose
                                       prices are equal to or   
                                       above the cut-off price  
Limit order execution method depending at single cut-off price  
on the prices of orders:                                        
Limit order execution method depending by the time of acceptance
on the order of their submission:      of offset orders         
Trade initiator:                       Freedom Finance JSC      
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Detailed information on the issue of these bonds is available at see more

[2023-03-20]