OREANDA-NEWS. Kazakhstan Stock Exchange (KASE) announces that a special trading session for buyback of short-term notes of the National Bank of Republic of Kazakhstan (National Bank) will be held in KASE trading system on June 3, 2016 on the terms below (Almaty time).
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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                    
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Trade date:                             June 3, 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                          
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As the price an order must indicate the note's discounted price denominated in percentage from the security's face value, with accuracy within the fourth decimal.

The number of financial instruments in an order must be represented by the number of notes in pieces being equal to or multiple of the lot size.

As the volume an order must quote the product of the notes number, indicated in an order, and the discounted price expressed as percentage from the security's face value, with accuracy within the fourth decimal.

Settlements will be made by the Central Securities Depository JSC 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.