Specialized trading to place 6,700 bonds KZ2C00009405 (BRKZb30) of Development Bank of Kazakhstan JSC put off from July 5 until July 9
/KASE, 05.07.24/ – Kazakhstan Stock Exchange (KASE) announces that specialized trading to place bonds KZ2C00009405 (KASE main platform, category “commercial bonds”, BRKZb30) of Development Bank of Kazakhstan JSC (Astana) is put off from July 5 until July 9 based on an application of the trading initiator.
Below are the terms and conditions of holding the specialized trading (Astana time).
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Type of securities: coupon bonds
ISIN: KZ2C00009405
KASE ticker: BRKZb30
Face value, USD: 1,000.00
Issue volume, USD:
– registered: 50,000,000
– placed (at face value): 43,300,000
First circulation date: 26.04.24
Last circulation date: 25.04.25
Redemption start date: 26.04.25
Maturity: 360 days
Coupon rate: 5.50 % p.a.
Coupon payment frequency: twice a year
Coupon payment start dates: 26 October 2024 and 26 April 2025
Time base: 30/360
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Trading date: 09.07.24
Current maturity: 287 days
Declared placement volume, USD: 6,700,000
Lot size, pcs.: 1
Trading subject: "clean" price
Type of buy orders: limit
Order submission method: closed
Order acceptance time: 11:00–13:00
Order confirmation time: 11:00–13:00
Cutoff time: 14:30 (Т+0)
Payment date and time: 09.07.24, 14:30
Order cutoff method: orders are cut off where their prices
are equal to or lower than the cutoff
price
Execution method of limit orders depending on at uniform cutoff price
order prices:
Execution method of limit orders depending at acceptance time of offset orders
on their submission order:
Trading initiator: Development Bank of Kazakhstan JSC
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Price in the order must be set out as a “clean” price of the bonds (ignoring the accumulated interest), expressed as a percentage of the face value of the security, accurate to the fourth decimal.
Number of bonds in pieces must be set out in the order as the number of financial instruments. Quantity of the financial instrument in the order must be equal to or a multiple of the lot size.
Volume of the order must be set out as a product of the number of bonds specified in the order and the “dirty” price of one bond (given the accumulated interest).
Transaction volume is calculated subject to chapter 4 of the Methodology for calculation of bond yields and bond transaction amounts posted at see more
Calculations are carried out by Central Securities Depository JSC in line with its set of rules. Buyer of securities has to ensure that money for payment for the securities it bought is available on its account with Central Securities Depository JSC by the payment time set out in the table.
Only members of the KASE stock market can submit orders for participation in trading. Other investors can apply through these entities. The list of KASE stock market members is available at see more
Regulation on trading methods in trading and clearing systems is posted at see more
Detailed information about the issue of these bonds is available at see more
[2024-07-05]