September 26 special trading session for offering of bonds KZP09Y07E086 (KZ2C00002079; TSBNb17) of Tsesnabank on KASE declared failed

/KASE, September 26, 14/ – A special trading session for offering of bonds KZP09Y07E086 (KZ2C00002079; TSBNb17, KZT1, KZT5.0 bn; June 4, 2013 – June 4, 2020; fixed semi-annual coupon 9.00 % p.a.; 30/360) of Tsesnabank JSC (Astana) was held in the trading system of Kazakhstan Stock Exchange (KASE) today. The mentioned bonds were issued under the third bond program of Tsesnabank JSC, registered by the Committee on Regulation and Supervision of Financial Market and Financial Organizations of the National Bank of the Republic of Kazakhstan on August 10, 2011 to the total amount of KZT10.0 bn. Tsesna Capital JSC (Astana) acted as seller at the special trading session. The issuer planned to offer 5,000,000,000 bonds KZP09Y07E086 (100 % of the total number of registered bonds) during the special trading session. The trade subject was the bonds' "net" price (excluding interest accrued) expressed as percentage of the security's face value accurate within the fourth decimal. Only limited orders submitted to KASE trading system by the open method from 11:30 to 15:00 o'clock (Almaty time – ALT) were accepted. The method of acceptance of orders for purchase – at prices of counter orders equal to the cut-off price or those being more favorable for the seller. The settlements scheme – Т+0. The special trading session was acknowledged failed due to absence of counter orders. [2014-09-26]