Development Bank of Kazakhstan raised KZT10.6 bn on KASE placing bonds KZ2C00004273 (BRKZb14) on June 18

/KASE, June 18, 2020/ – A special trading session for offering bonds KZ2C00004273 (BRKZb14, KZT1,000; KZT43.5 bn; June 18, 2020 – June 18, 2030, 30/360) of the Development Bank of Kazakhstan (Nur-Sultan) was held in KASE trading system today. Below are parameters of the bid and results of the special trading session. BID PARAMETERS: -------------------------------------------------------- ----------------- Number of participants: 4 Number of orders submitted (total / active) including: 6 / 6 – limit: 6 / 6 – market: 0 Volume of active orders*, mln tenge: 10,550.0 – limit: 10,550.0 – market: 0 Bid to ask, %: 24.3 Coupon rate on active orders submitted, % APR (total / active): – minimum 10.4500 – maximum 11.0000 – weighted average 10.9739 -------------------------------------------------------------------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. In the total volume of active orders, broker dealers accounted for 2.4 %, institutional investors accounted for 97.6 %. OFFERING RESULTS: -------------------------------------------------------------------------- Volume of orders executed, bonds: 10,550,000 Volume of orders executed, tenge: 10,550,000,000.0 Number of orders executed: 6 Number of participants whose 4 orders were executed: Volume of orders executed, % of plan: 24.3 Coupon rate in orders executed, % APR: 11.0000 -------------------------------------------------------------------------- According to Central Securities Depository (Almaty), all deals on this offering and additional offering were fully executed by the end of settlements by trade. results. OFFERING TERMS: ------------------------------- -------------------------------- Trade date: June 18, 2020 Declared placement volume, KZT: 43,492,000,000 Lot size: 1 Trade subject: coupon rate Purchase orders types: limit Order submission method: closed Order collection time: 11:30–12:30 Order confirmation time: 11:30–13:00 Striking time: 14:30 (Т+0) Payment date and time: June 18, 2020, 14:30 Order cut-off method: orders are cut-off, whose prices are equal to or above the cut-off price Order execution method: at cut-off price; by the time of acceptance of offset orders Trade initiator: Kazkommerts Securities (subsidiary of Kazkommertsbank) Trading system sector: Debts_List_ST1 Trading system group: Bonds_ST1_M ---------------------------------------------------------------- [2020-06-18]