Development Bank of Kazakhstan on July 9 raised $31.6 mln on KASE by placing bonds KZ2C00009413 (BRKZb31) at yield to maturity of 5.50 % APR

/KASE, July 9, 2024/ – A special trading session for the offering of bonds KZ2C00009413 (KASE main market, category "commercial bonds", BRKZb31; $1,000, $50.0 mln; 26.04.24 – 26.01.25; 30/360) of Development Bank of Kazakhstan JSC (Astana) 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. ------------------------------------------------------------------------------ BID PARAMETERS: -------------------------------------------------------- --------------------- Number of participants: 2 Number of orders submitted (all / active ones), 2 / 2 incl.: – limit: 2 / 2 – market: 0 / 0 Volume of active orders*, mln US dollar, 31.6 incl.: – limit: 31.6 – market: 0.0 Volume of active orders, equivalent in mln tenge 15,073.3 at the exchange rate of the National Bank of the Republic of Kazakhstan: Bid to ask: 89.4 % "Clean" price on orders submitted, % of face value (on all / on active ones): – minimum 99.9986 – maximum 100.0000 – weighted average 99.9987 Yield on orders submitted, % APR (on all / on active ones): – minimum 5.5000 – maximum 5.5000 – weighted average 5.5000 ------------------------------------------------------------------------------ * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. The entire volume of active orders came from banks. OFFERING RESULTS: -------------------------------------------------------- --------------------- Volume of orders executed, bonds: 31,300 Volume of orders executed, US dollar: 31,648,643.8 Volume of orders executed, equivalent to tenge 15,073,299,558.8 at the exchange rate of the National Bank of the Republic of Kazakhstan: Number of orders executed: 2 Number of participants, whose orders 2 were executed: Volume of orders executed, % of plan: 89.4 "Clean" cut-off price, % of face value: 99.9986 "Clean" price in orders executed, % of face 99.9986 value: "Clean" price in orders executed, % of face value: 5.5000 Yield on orders to maturity for buyer, % APR: 5.5000 ------------------------------------------------------------------------------ According to the Central Securities Depository (Almaty), deals on this offering by the end of settlements based on the results of the trades were executed in full. OFFERING TERMS: -------------------------------------- ------------------------- Trade date: 09.07.24 Current maturity: 197 days Announced offering volume, US dollar: 35,000,000 Lot size, pieces: 1 Trade subject: "clean" price Purchase order type: limit Order submission method: closed Order collection time: 11:00–13:00 Order confirmation time: 11:00–13:00 Cut-off time: 14:30 (Т+0) Payment date and time: 09.07.24, 14:30 Order cut-off method: orders are cut-off, whose prices are equal to or below 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: Development Bank of Kazakhstan JSC ---------------------------------------------------------------- [2024-07-09]