OREANDA-NEWS. A special trading session for buyback of short-term notes of the National Bank of Republic of Kazakhstan (National Bank) was held in KASE trading system today on the terms below (Almaty time).

ISSUE PARAMETERS:
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Security type: discount notes
National identification number: KZW1KM066382
Issue serial number: 1638
KASE trade code: NTK182_1638
Face value, tenge: 100.00
Issue volume, tenge: 53,449,695,000.00
Circulation starts on: June 24, 2016
Maturity date: December 23, 2016
Yield to maturity at offering: 13.8417 % APR
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BUYBACK TERMS:
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Trade date: September 9, 2016
Volume of buyback at face value, tenge: 16,034,908,500.00
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: September 9, 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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The special trading session was acknowledged and declared failed due to the absence of offset orders.