OREANDA-NEWS. Kazakhstan Stock Exchange (KASE) announces that a special trading session for buyback of short-term notes of the National Bank of Republic of Kazakhstan (National Bank) will be held in KASE trading system on May 20, 2016 on the terms below (Almaty time). 
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Security type:                          discount notes                 

National identification number:         KZW1KD285933                   

Issue serial number:                    1593                           

KASE trade code:                        NTK028_1593                    

Face value, tenge:                      100.00                         

Issue volume, tenge:                    101,122,459,300.00             

Circulation starts on:                  May 6, 2016                    

Maturity date:                          June 3, 2016                   

Yield to maturity at offering:          14.63 % APR                    

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Trade date:                             May 20, 2016                   

Volume of buyback at face value, tenge: 30,336,737,790.00              

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:                           May 20, 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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As the price an order must indicate the note's discounted price denominated in percentage from the security's face value, with accuracy within the fourth decimal.



The number of financial instruments in an order must be represented by the number of notes in pieces being equal to or multiple of the lot size.



As the volume an order must quote the product of the notes number, indicated in an order, and the discounted price expressed as percentage from the security's face value, with accuracy within the fourth decimal.



Settlements will be made by the Central Securities Depository JSC in compliance with its rules. The buyer of securities must ensure availability of money payable for securities bought at Central Securities Depository correspondent account by the time indicated in the table.



Only KASE stock market members may submit application for participation in the trades. Other investors can submit orders through those legal entities.