OREANDA-NEWS. November 21, 2011. In the Kazakhstan Stock Exchange (KASE) trading system have been held specialized trades to place bonds KZ2C0Y04D904 (KZ2C00000131, KASE official list Rated Debt Securities category, BVTBb1; KZT100, KZT15.0 bn; December 11, 10 - December 11, 14; semi-annual coupon 7.00 % APR; 30/360) of Subsidiary Organization Bank VTB (Kazakhstan) (Almaty), reported the press-centre of KASE.

At trades the issuer planned to place 30,000,000 bonds KZ2C0Y04D904 (20 % from the total number of authorized bonds of this issue).

As the price an order will indicate the bonds net price (excluding an accrued interest) expressed as percentage of the security face value accurate within fourth decimal. Orders to participate in placement have been submitted by the closed method from 11:30 to 15:00 Almaty time (ALT). Only limited and market orders have been accepted to trades. The market orders satisfaction ratio - 70 %. The method of acceptance of orders for purchase - at the cut-off price. The scheme of settlements - Т+0.

12 KASE members participated in trades, who submitted 21 orders to buy 101,326,400 bonds. All orders remained active by the moment of orders submission. Thus, the ask exceeded the bid by 3.3 times. The submitted orders "net" prices varied from 99.9923 % (7.0 % APR) to 105.6301 % (5.0 % APR), weighted average value made up 103.1030 % (5.9 % APR to maturity for a buyer).

In the total volume of active orders the pension market entities stake constituted for 38.3 %, Kazakhstan second tier banks (STB) - 40.5 %, brokerage and dealer companies clients- 21.2 %.

According to the trades results the issuer set the cut off price at 105.0401 % that complies with these bonds yield to maturity for a buyer in the size of  5.2 % APR, and satisfied at this price four orders, having placed 20,050,000 bonds. The amount raised made up KZT2,165,883,205.00.

According to Central Securities Depository (Almaty) data all deals by the moment of this information publication have been satisfied. 99.7 % from the total volume of offered bonds have been acquired by the pension market entities, 0.3 % - brokerage and dealer companies clients.