OREANDA-NEWS. February 24, 2010. In the trading system of Kazakhstan Stock Exchange (KASE) were held specialized trades on placement of subordinated bonds KZP03Y10C723 (KASE official list Non-rated Debt Securities first subcategory; KKGBb8; KZT100,000; KZT10.0 bn; April 23, 09 - April 23, 19, the semi-annual coupon indexed at the inflation rate, 9.00 % APR for initial two circulation years, 30/360) of Kazkommertsbank (Almaty), reported the press-centre of KASE.

At trades the issuer planned to place 10,000 bonds KZP03Y10C723 (10.0 % from the issue registered volume).

The net price of bonds was the trades subject (without the accrued interest), expressed in percentage from the security face value accurate within the fourth decimal digit after comma. The orders for participation in placement were submitted by the closed method from 11:30 to 14:00 ALT. Only limited orders were accepted to trades. The purchasing orders satisfaction method – at announced price. Settlements scheme - Т+0.

One KASE member participated in trades - pension assets investment management company, which submitted an order for purchasing of 10,000 bonds at net price KZT85.2674 % (11.65 % APR to maturity for buyer), which at the orders submission moment remained active.

By results of trades the issuer set the cut-off price at 85.2674 % that complies with the yield of mentioned bonds to maturity in the size of 11.65 % APR, and satisfied the order at this price, having placed the entire bonds planned volume. The borrowing amount at this made up KZT881,424,000.00.

According to Central Securities Depository (Almaty) data the deal by the moment of this information publication was satisfied.