OREANDA-NEWS. Kazakhstan Stock Exchange (KASE) announces that a special trading session for offering of bonds KZP02Y10E820 (KZT1,000, KZT65.0 bn; 10 years) of Development Bank of Kazakhstan (Astana) is supposed to be held in KASE trading system on May 25, 2016.
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Security type:                            coupon bonds               
National identification number:           KZP02Y10E820               
Face value, tenge:                        1,000.00                   
Issue volume, mln tenge:                  65,000.00                  
First circulation date:                   date of first successful   
                                          auction                    
Last circulation day:                     will be determined upon    
                                          first successful auction   
Redemption start date:                    will be determined upon    
                                          first successful auction   
Circulation term:                         10 years (3,600 days)      
Coupon rate:                              will be determined upon    
                                          first successful auction   
Coupon payment periodicity:               twice a year               
Coupon payment start dates:               will be determined upon    
                                          first successful auction   
Time base:                                30/360                     
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Trade date:                               May 25, 2016               
Declared volume at face value, mln tenge: 65,000.0                   
Trade subject:                            coupon rate                
Lot size, pieces:                         1                          
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:                             May 25, 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     
                                          above the cut-off price    
Trades initiator:                         Kazkommerts Securities     
                                          (subsidiary organization of
                                          Kazkommertsbank)           
                                          (Almaty)                   
Trading system sector:                    –                          
Trading system group:                     –                          
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The special trading session will take place provided said bonds were included in KASE official list.

As the price an order must indicate the coupon rate in annual percentage from the bond's face value, expressed with accuracy within the second decimal. This is the trade subject.

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.

Settlement 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.