OREANDA-NEWS. A special trading session for offering of bonds KZP03Y15E827 (KASE official list, category "quasi-public debt securities"; BRKZb6; KZT1,000, KZT15.0 bn; July 28, 2016 – July 28, 2031; fixed semi-annual coupon) of Development Bank of Kazakhstan (Astana) was held in KASE trading system today.
ISSUE PARAMETERS:                                                             
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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:                         July 28, 2016                 
Last circulation day:                           July 27, 2016                 
Redemption start date:                          July 28, 2031                 
Circulation term:                               15 years (5,400 days)         
Coupon rate:                                    15 % APR                      
Coupon payment periodicity:                     twice a year                  
Coupon payment start dates:                     July 28 and                   
                                                January 28 annually           
Time base:                                      30/360                        
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OFFERING TERMS:                                                               
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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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BID PARAMETERS:                                                               
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Number of participants:                         1                             
Number of orders submitted (total / active):    1 / 1                         
including:                                                                    
– limited:                                      1                             
– market:                                       0                                                                                                           
Volume of active orders, mln tenge:            15,000.0                      
including:                                                                    
– limited:                                      15,000.0                      
– market:                                       0                             
Bid to ask, %:                                  100                           
Coupon rate on order submitted, %:              15.0000                       
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