Development Bank of Kazakhstan raised KZT41.0 bn on KASE selling five-year bonds KZ2C00005916 (BRKZb16) at 10.27 % APR on July 16
16.07.19 18:51
/KASE, July 16, 2019/ – A special trading session for offering bonds KZ2C00005916
(BRKZb16, KZT1,000, KZT70.0 bn; July 16, 2019 – July 16, 2024, 30/360) of the
Development Bank of Kazakhstan (Nur-Sultan) was held in KASE trading system today
on the terms below.
BID PARAMETERS:
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Number of participants: 3
Number of orders submitted (total / active) including: 3 / 3
– limit:
– market: 3 / 3
Volume of active orders*, mln tenge: 41,000.0
– limit: 41,000.0
– market: 0
Bid to ask, %: 58.6
Coupon rate on active orders submitted, % APR (total / active):
– minimum 10.0000
– maximum 10.2700
– weighted average 10.2634
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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 second-tier banks (STBs) accounted for 2.4 %,
the share of other institutional investors accounted for 97.6 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 41,000,000
Volume of orders executed, tenge: 41,000,000,000.0
Number of orders executed: 3
Number of participants whose 3
orders were executed:
Volume of orders executed, % of plan: 58.6
Coupon rate in orders executed, % APR: 10.2700
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According to Central Securities Depository (Almaty), deals on this offering were
fully executed by the end of settlements by trade results.
OFFERING TERMS:
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Trade date: July 16, 2019
Current maturity: 5 years (1,800 days)
Declared placement volume, KZT: 70,000,000,000
Lot size: 1
Trade subject: coupon rate
Purchase orders types: limit
Order submission method: closed
Order collection time: 11:30–12:30
Order confirmation time: 11:30–13:00
Striking time: 14:30 (Т+0)
Payment date and time: July 16, 2019, 14:30
Order cut-off method: orders are cut-off, whose
prices are equal to or
above the cut-off price
Order execution method: at cut-off price; by the time of acceptance of
offset orders
Trade initiator: Kazkommerts Securities (subsidiary of
Kazkommertsbank)
Trading system sector: Debts_List_ST1
Trading system group: Bonds_ST1_M
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[2019-07-16]