OREANDA-NEWS. February 17, 2012. A special trading session was held in the trading system of Kazakhstan Stock Exchange (KASE) to place bonds KZ2C0Y05E065 (KZ2C00001634, KASE official list, Rated Debt Securities category, KASTb3; KZT1,000, KZT40.0 bn; July 18, 2011 - July 18, 2016; semi-annual coupon 8.50 % APR; 30/360) of JSC "KAZEXPORTASTYK Holding" (Astana), reported the press-centre of KASE.

JSC "BCC Invest - Subsidiary of Bank CenterCredit (Almaty) acted as a seller at the special trading session.

The declared volume of placement was 1,000,000 bonds KZ2C0Y05E065 (2.5 % from the total number of authorized bonds of this issue).

As the price an order would indicate the bonds' "net" price (excluding an accrued interest) expressed as percentage of the security's face value accurate within the fourth decimal. Orders for participation in the placement were submitted to KASE trading system by the closed method from 11:30 to 15:00 Almaty time (ALT). Only limited orders and market orders were accepted. The method of acceptance of orders for purchase - at the cut-off price. The settlement scheme - Т+0.

Three KASE members participated in the trading, submitting seven orders, of which by the moment of the order submission period three orders for purchase of 1,178,000 bonds remained active. Hence the demand made up 117.8 % of the offer. "Net" prices in the submitted orders varied from 92.0000 % (10.8 % APR) to 94.7248 % (10.0 % APR), making up on average 94.7179 % (10.0 % APR to maturity for the buyer).

In the total volume of active orders pension market entities accounted for 84.9%, clients of brokerage firms - for 15.1%.

Upon results of the trading the issuer set the cut-off price at 94.7248 %, which corresponds with the yield of the bonds to maturity for the buyer of 10.00 % APR, and accepted two orders at this price, thus having placed 1,175,000 bonds. KZT1,120,229,594.45 were raised.

According to JSC "Central Securities Depository" (Almaty) all deals by the moment of publishing of this information were completed. 85.1 % of the total of placed bonds were bought by pension market entities, 14.9 % - by clients of brokerage firms.