Development Bank of Kazakhstan on June 6 raised KZT30.0 bn on KASE selling 7-year bonds KZP01Y07F510 (KZ2C00003911, BRKZb8) with yield to maturity of 10.50 % APR

06.06.17 17:47
/KASE, June 6, 2017/ – A special trading session to offer bonds KZP01Y07F510 (KZ2C00003911, KASE official list, Main Market, Bonds Category, BRKZb8, KZT1,000, KZT30.0 bn; 7 years; 30/360) of Development Bank of Kazakhstan (Astana) was held in KASE trading system today. Below are the bid parameters and results of the special trading session. BID PARAMETERS: ----------------------------------------------------------------- ------------------------------- Number of participants: 8 Number of orders submitted (total / active): 24 / 24 Volume of active orders*, mln tenge: 38,150.0 Bid to ask, %: 127.2 Coupon rate on orders submitted, % APR (all / active): – minimum 10.0000 – maximum 11.0000 – weighted average 10.4549 -------------------------------------------------------------------------------------------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. OFFERING RESULTS: ----------------------------------------------------------------- -------------------------------- Volume of orders executed, bonds: 30,000,000 Volume of orders executed, tenge: 30,000,000,000.00 Number of orders executed: 12 Number of participants whose orders were executed: 7 Volume of orders executed, % of plan: 100 Coupon rate in orders executed, % APR: 10.5000 ----------------------------------------------------------------- -------------------------------- In the entire volume of active orders the second-tier banks (STBs) accounted for 24.9 %, other institutional investors – 62.9 %, brokerage firms – for 0.5 %, clients of brokerage firms – for 11.7 %. According to Central Securities Depository (Almaty), all deals on this offering were executed by the end of settlements by trade results. 31.7 % of the total volume of bonds were bought by STBs, 59.5 % – other institutional investors, 0.67 % – by brokerage companies, 8.17 % – by clients of brokerage firms. OFFERING TERMS: ----------------------------------------------------------------- -------------------------------- Trade date: June 6, 2017 Declared volume at face value, mln tenge: 30,000.0 Lot size, pieces: 1 Trade subject: coupon rate Purchase orders types: limit Market order execution rate, %: 0 Order submission method: closed Order acceptance period: 11:30–12:30 Order confirmation period: 11:30–13:00 Striking time: 14:30 Payment date and time: June 6, 2017 before 14:30 (Т+0) Order execution method: at cut-off price; orders are executed according to time of acceptance of offset orders by the Exchange Order cut-off method: orders are cut-off, whose prices are equal to or above the cut-off price Trades initiator: Kazkommerts Securities (subsidiary organization of Kazkommertsbank) (Almaty) Trading system sector: Debts_List_ST1 Trading system group: Q_Gov_ST1 -------------------------------------------------------------------------------------------------- [2017-06-06]