National Bank on May 20 bought back 50.0 mln short-term notes KZW1KD915984 on KASE

/KASE, May 20, 2016/ – A special trading session for buyback of short-term notes of the National Bank of Republic of Kazakhstan (National Bank) was held in KASE trading system today on the terms below (Almaty time). ISSUE PARAMETERS: ---------------------------------------------------------------------------- Security type: discount notes National identification number: KZW1KD915984 Issue serial number: 1598 KASE trade code: NTK091_1598 Face value, tenge: 100.00 Issue volume, tenge: 206,975,059,500.00 Circulation starts on: May 13, 2016 Maturity date: August 12, 2016 Yield to maturity at offering: 13.99 % APR -------------------------------------------- ------------------------------- BUYBACK TERMS: -------------------------------------------- ------------------------------- Trade date: May 20, 2016 Volume of buyback at face value, tenge: 62,092,517,850.00 Lot size, pieces: 1 Order types: limited Trade subject: discounted price Order submission method: open Order receipt time: 11:30–15:00 Order confirmation time: 11:30–15:30 (Т+0) Striking time: 16:00 (Т+0) Payment date: May 20, 2016 Payment time: until 16:00 (Т+0) Order execution method: at cut-off price Method of executing limited orders: at the price of limited offset orders equal to the cut-off price or those being more favorable for the buyer Order cut-off method: orders are cut-off, whose prices are above the cut-off price Execution of offset-orders at pro rata to the declared volume equality of prices: Trading system sector: MEKAM_ST2 Trading system group: NOTES -------------------------------------------- ------------------------------- BID PARAMETERS: -------------------------------------------- ------------------------------- Number of participants: 3 Number of orders submitted (total / active): 3 / 3 including: – limited: 3 – market: 0 Volume of active orders*, mln tenge: 15,498.4 including: – limited: 15,498.4 – market: 0 Bid to ask, %: 25.8 Price on orders submitted, % (on all / on active ones): – minimum 96.7923 – maximum 96.9867 – weighted average 96.8651 Yield on orders submitted, % APR (on all / on active ones): – minimum 13.5003 – maximum 14.4001 – weighted average 14.0628 -------------------------------------------- ------------------------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. BUYBACK RESULTS: -------------------------------------------- ------------------------------- Volume of orders executed, notes: 50,000,000 Volume of orders executed, tenge: 5,000,000,000.00 Number of orders executed: 1 Volume of orders executed, % of plan: 8.1 Price in orders executed, %: 96.7923 Yield, % APR: 14.4001 ---------------------------------------------------------------------------- According to the Central Securities Depository JSC (Almaty), the deal on this offering by the end of settlements by trade results was executed. [2016-05-20]