OREANDA-NEWS. A special trading session for buyback of short-term notes of the National Bank of Republic of Kazakhstan (National Bank) was held in KASE trading system today on the terms below (Almaty time).

ISSUE PARAMETERS:                                                           
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Security type:                               discount notes                 
National identification number:              KZW1KD285677                   
Issue serial number:                         1567                           
KASE trade code:                             NTK028_1567                    
Face value, tenge:                           100.00                         
Issue volume, tenge:                         159,473,396,800.0              
Circulation starts on:                       April 8, 2016                  
Maturity date:                               May 6, 2016                    
Yield to maturity at offering:               17.44 % APR                    
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BUYBACK TERMS:                                                              
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Trade date:                                  April 15, 2016                 
Volume of buyback at face value, tenge:      47,842,019,040.0               
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:                                April 15, 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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BID PARAMETERS:                                                             
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Number of participants:                      3                              
Number of orders submitted (total / active): 9 / 6                          
including:                                                                  
– limited:                                   9                              
– market:                                    0                              
Volume of active orders*, mln tenge:         51,514.4                       
including:                                                                  
– limited:                                   51,514.4                       
– market:                                    0                              
Bid to ask, %:                               118.0                          
"Net" price on orders submitted, % (on all / active):                       
– minimum                                    99.0991 / 99.1020              
– maximum                                    99.1302 / 99.1302              
– weighted average                           99.1080 / 99.1071              
                                                                            
Yield on orders submitted, % p.a. (on all / active):                        
– minimum                                    15.2506 / 15.2506              
– maximum                                    15.8009 / 15.7495              
– weighted average                           15.6436 / 15.6588              
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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.                            
                                                                            
BUYBACK RESULTS:                                                            
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Volume of orders executed, notes:            478,420,190.00                 
Volume of orders executed, tenge:            47,414,196,394.06              
Number of orders executed:                   5                              
Volume of executed orders, % of plan:        100.0                          
Price in orders executed, %:                 99.1161                        
Yield, % p.a.:                               15.5000                        
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According to Central Securities Depository JSC (Almaty), all deals on this buyback by the end of settlements by trade results were executed.