Mortgage Organization Kazakhstan Mortgage Company raised KZT5.4 bn selling 10- year bonds KZ2C0Y10F013 (KZ2C00003333, KZIKb27) with yield to maturity of 9.65 % APR on August 24
24.08.18 18:20
/KASE, August 24, 2018/– A special trading session for the offering of bonds
KZ2C0Y10F013 (KZ2C00003333; KASE main market, category "bonds", KZIKb27; KZT1 ;
KZT30.0 bn; 15.12.17 – 15.12.27; semi-annual coupon 10.50 % APR; 30/360) of Mortgage
Organization Kazakhstan Mortgage Company (Almaty) was held in Kazakhstan Stock Exchange
(KASE) trading system today. Below are parameters of the bid and results of the
special trading session.
BID PARAMETERS:
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Number of participants: 2
Number of orders submitted (all / active): 7 / 5
Volume of active orders*, mln tenge: 5,499.0
Bid to ask, %: 102.8
"Clean" price on orders submitted, % (on all / on active):
– minimum 100.5559
– maximum 105.1155
– weighted average 104.8753 / 104.9922
Yield on orders submitted, % APR (on all / on active):
– minimum 9.6500
– maximum 10.4000
– weighted average 9.6879 / 9.6694
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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.
In the total volume of active orders, the share of broker-dealers was 1.9%, the
share of individuals - 0.7%, other legal entities accounted for 97.4%.
OFFERING RESULTS:
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Volume of orders executed, bonds: 5,000,000,000
Volume of orders executed, tenge: 5,356,400,000.0
Number of orders executed: 3
Number of participants, whose orders were executed: 1
Volume of orders executed, % of plan: 100
"Clean" price in orders executed, %: 105.1155
Yield of bonds to maturity for buyer, % APR: 105.1155
Volume of orders executed, bonds: 9.6500
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According to Central Securities Depository (Almaty), deals on this offering by
the end of settlement of trade results were executed. At the same time, 100.0% of
the bonds were redeemed by other legal entities in terms of attracted funds.
OFFERING TERMS:
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Trade date: August 24, 2018
Current maturity 9.3 лет (3,351 день)
Declared volume at face value, mln tenge: 5,000.0
Lot size, pieces: 1
Trade subject: "clean" price
Purchase orders types: limit
Order submission method: closed
Order collection period: 11:30–12:30
Order confirmation period: 11:30–13:00
Striking time: 14:30 (Т+0)
Payment date and time: August 24, 2018, 14:30 (Т+0)
Order cut-off method: orders are cut-off, whose
prices are equal to or
below the cut-off price
Order execution method: at cut-off price; by
the time of acceptance of
offset orders by the
Exchange
Trade initiator: Kazkommertsbank, Kazkommerts Securities (a subsidiary of Kazkommertsbank)
(Almaty)
Trading system sector: Debts_List_ST1
Trading system group: Bonds_ST1_M
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[2018-08-24]