Kazakhstan Stock Exchange Announces Special Trading Session for Additional Offering of Social Bonds

The Kazakhstan Stock Exchange (KASE) has announced a special trading session for the additional offering of social bonds KZ2C00013696 (KASE main market, "bonds" category, JSBNb8) of "Otbasy bank" house construction savings bank JSC (Almaty). The trading session will take place on August 13, 2023, from 15:00 to 15:30 (Astana time).

Key Takeaways:

• The special trading session is for the additional offering of social bonds KZ2C00013696, issued by "Otbasy bank" house construction savings bank JSC.
• The face value of the bond is 1,000.00 tenge, with an issue volume of 50,000,000,000 tenge.
• The circulation start date is August 13, 2023, and the last circulation day is August 12, 2030.
• The maturity of the bond is 5 years, with coupon payment periodicity of twice a year, starting from February 13 and August 13 annually.
• The underwriter of the bond is Alatau City Invest JSC.
• The trading session will be conducted on the KASE's trading system, with trade initiation at 15:00 and trade cut-off at 15:30 (Astana time).
• The minimum quantity of the bond that can be purchased is 1 piece, and the lot size is 1 piece.
• The payment date and time is August 13, 2023, at 16:00, with settlement made by the Central Securities Depository in compliance with its rules.

Statistics:

• Face value of the bond: 1,000.00 tenge.
• Issue volume: 50,000,000,000 tenge.
• Circulation start date: August 13, 2023.
• Last circulation day: August 12, 2030.
• Maturity: 5 years (1,800 days).
• Coupon payment periodicity: twice a year.
• Coupon payment start dates: February 13 and August 13 annually.
• Underwriter: Alatau City Invest JSC.

Sources:

• Kazakhstan Stock Exchange (KASE) announcement.
• Methodology of Bonds Yield Calculation and Amounts of Deals in Bonds available at https://kase.kz/files/normative_base/bond_yield_eng.pdf.