Special trading session for offering of Development Bank of Kazakhstan bonds planned to be held on KASE on July 22

15.07.16 12:31
/KASE, July 15, 2016/ – Kazakhstan Stock Exchange (KASE) announces that a special trading session for offering of bonds (KZT1,000, KZT85.0 bn; fixed annual coupon, 14.00 % per annum; 30/360) of Development Bank of Kazakhstan (Astana) is planned to be held in KASE trading system on July 22, 2016. ---------------------------------------------------------------------- Security type: coupon bonds National identification number: to be announced later Face value, tenge: 1,000.00 Issue volume, mln tenge: 85,000.0 First circulation date: date of first successful auction Last circulation day: June 29, 2017 Coupon payment start and redemption date: June 30, 2017 Circulation term: 12 months maximum Coupon rate: 14.00 % per annum Coupon payment periodicity: once during circulation term Time base: 30 / 360 ----------------------------------------- ---------------------------- Trade date: July 22, 2016 Term to maturity: 0.9 years (338 days) Declared volume at face value, mln tenge: 85,000.0 Lot size, pieces: 1 Trade subject: "dirty" price Purchase orders types: limited Market order execution rate, %: 0 Order submission method: closed Order receipt period: 11:30–12:30 Order confirmation period: 11:30–13:00 Striking time: 14:30 Payment date: July 22, 2016 Payment time: before 14:30 (Т+0) Order execution method: at cut-off price Order cut-off method: orders are cut-off, whose prices are equal to or below the cut-off price Trades initiator: Kazkommerts Securities (subsidiary organization of Kazkommertsbank) (Almaty) Trading system sector: – Trading system group: – ---------------------------------------------------------------------- The special trading session will take place provided said bonds were included in KASE official list. As the price an order will indicate the bonds' "dirty" price (including interest accrued) expressed as percentage of the security's face value accurate within the fourth decimal. The number of financial instruments in an order must be represented by the number of bonds in pieces equal to or multiple of the lot size. As the volume orders must quote the product of the bonds' number, indicated in an order and the "dirty" price per bond (including interest accrued), expressed in tenge. A deal volume is calculated in compliance with article 14 of chapter 3 of the Methodology of Bonds Yield Calculation and Amount of Deals in Bonds available at http://www.kase.kz/files/normative_base/bond_yield_eng.pdf Settlements will be made by the Central Securities Depository in compliance with its rules. The buyer of securities must ensure availability of money payable for securities bought at Central Securities Depository correspondent account by the time indicated in the table. Only KASE stock market members may submit application for participation in the trades. Other investors can submit orders through those legal entities. The list of KASE stock market members is available at http://www.kase.kz/en/membership [2016-07-15]