OREANDA-NEWS. Kazakhstan Stock Exchange (KASE) announces that a special trading session for offering of bonds KZP03Y15E827 (KASE official list, category "quasi-public debt securities"; BRKZb6; KZT1,000, KZT15.0 bn; 15 years) of Development Bank of Kazakhstan (Astana) is scheduled on KASE trading system on July 28, 2016.
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Security type:                            coupon bonds               
National identification number:           KZP03Y15E827               
KASE trade code:                          BRKZb6                     
Face value, tenge:                        1,000.00                   
Issue volume, mln tenge:                  15,000.00                  
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:                         15 years (5,400 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:                               July 28, 2016              
Declared volume at face value, mln tenge: 15,000.00                  
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:                             July 28, 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:                    Debts_List_ST1             
Trading system group:                     Q_Gov_ST1                  
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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.

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.