A special trading session for offering of bonds KZP01Y06F173 (KZ2C00003507, KASE official list, category "debt securities of entities from the quasi-public sector", AGKKb6; KZT1,000, KZT30.0 bn; December 30, 2015 – December 30, 2021; fixed semi-annual coupon, 8.50 % APR; 30/360) of Agrarian Credit Corporation (Astana) was held in KASE trading system today.
ISSUE PARAMETERS:                                                        
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Security type:                                coupon bonds               
National identification number:               KZP01Y06F173               
ISIN:                                         KZ2C00003507               
KASE trade code:                              AGKKb6                     
Face value, tenge:                            1,000.00                   
Issue volume, mln tenge:                                                 
– registered:                                 30,000.0                   
– outstanding:                                19,280.0                   
First circulation date:                       December 30, 2015          
Last circulation date:                        December 29, 2021          
Redemption start date:                        December 30, 2021          
Circulation term:                             6 years (2,160 days)       
Coupon rate:                                  8.50 % p.a.                
Coupon payment periodicity:                   twice a year               
Coupon payment start date:                    June 30 and December 30    
                                              annually                   
Time base:                                    30 / 360                   
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OFFERING TERMS:                                                          
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Trade date:                                   May 24, 2016               
Term to maturity:                             5.6 years (2,016 days)     
Declared volume at face value, mln tenge:     7,000.0                    
Lot size, pieces:                             1                          
Trade subject:                                "net" price                
Purchase orders types:                        market and limited         
Market order execution ratio, %:              70                         
Order submission method:                      closed                     
Order receipt period:                         11:30–12:30                
Order confirmation period:                    11:30–13:00                
Striking time:                                14:30                      
Payment date:                                 May 24, 2016               
Payment time:                                 before 14:30 (+0)         
Order execution method:                       at cut-off price           
Trades initiator:                             Kazkommerts Securities     
                                              (subsidiary organization of
                                              Kazkommertsbank)           
                                              (Almaty)                   
Trading system sector:                        Debts_List_ST1             
Trading system group:                         Q_Gov_ST1                  
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BID PARAMETERS:                                                          
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Number of participants:                       1                          
Number of orders submitted (total / active):  1 / 1                      
including:                                                               
– limited:                                    1                          
– market:                                     0                          
Volume of active orders*, mln tenge:          7,203.3                    
including:                                                               
– limited:                                    7,203.3                    
– market:                                     0                          
Bid to ask, %:                                100                                                                                                 
"Net" price on order submitted, %:            99.5049                    
Yield on order submitted, % APR:              8.6100                     
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* active orders – orders not annulled by trade                           
  participants at expiry of order submission period including those        
  confirmed by Confirmation System participants.                         
                                                                         
OFFERING RESULTS:                                                        
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Volume of orders executed, bonds:             7,000,000                  
Volume of orders executed, tenge:             7,203,343,000.00           
Number of orders executed:                    1                          
Volume of executed orders, % of plan:         100                        
"Net" price in orders executed, %:            99.5049                    
Yield of bonds to maturity for buyer, % p.a.: 8.6100                     
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According to the Central Securities Depository JSC (Almaty), the deal on this offering by the end of settlements by trade results was executed.