OREANDA-NEWS. 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. 
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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                    
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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:                     –                           
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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 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.

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.