"Otbasy bank" house construction savings bank on April 2 raised KZT14.1 bn on KASE by placing bonds KZ2C00004133 (JSBNb1)
02.04.21 19:20
/KASE, April 2, 2021/ – A special trading session for offering of seven-year
bonds KZ2C00004133 (JSBNb1, KZT1,000, KZT40.0 bn; 17.07.19 – 17.07.26; semi-
annual coupon, 10.27 % APR; 30/360) of "Otbasy bank" house construction
savings bank JSC (Almaty) was held in the trading system of Kazakhstan Stock
Exchange (KASE, or the Exchange) today. Below are parameters of the bid and
results of the special trading session.
BID PARAMETERS:
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Number of participants: 5
Number of orders submitted (all / active ones), 8 / 8
incl.:
– limit: 8 / 8
– market: 0
Volume of active orders*, mln tenge: 14,079.6
– limit: 14,079.6
– market: 0
Bid to ask, %: 70.4
"Clean" price on orders submitted, % of the face value (all / active ones):
– minimum 97.8725
– maximum 98.0679
– weighted average 97.8864
Yield on orders submitted, % APR (all / active ones):
– minimum 10.7500
– maximum 10.8000
– weighted average 10.7964
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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 (STB) accounted for
71.0 %, institutional investors – for 21.9 %, and other legal entities – for 7.1 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 14,075,993
Volume of orders executed, tenge: 14,077,693,849.2
Number of orders executed: 8
Number of participants, whose orders 5
were executed:
Volume of orders executed, % of plan: 70.4
Volume of orders executed, % of bid: 100.0
"Clean" cut-off price, %: 97.8725
"Clean" price in orders executed, % of face value: 97.8725
Yield at cut-off price, % APR: 10.8000
Yield of bonds to maturity for buyer, % APR: 10.8000
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According to the Central Securities Depository (Almaty), the deals on this
offering by the end of settlements based on the results of the trades were
executed in full.
OFFERING TERMS:
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Trade date: April 2, 2021
Current maturity: 5.3 years (1,905 days)
Declared offering volume, tenge: 20,000,000,000
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limit
Order submission method: closed
Order collection time: 10:30–12:30
Order confirmation time: 10:30–12:30
Striking time: 15:00 (Т+0)
Payment date and time: April 2, 2021,
15:00
Order cut-off method: orders are cut off whose
prices are equal to or
below the cut-off price
Limit order execution method at the single cut-off price
depending on the prices of orders:
Limit order execution method in accordance with
depending on the order of their submission: item 6 of Article 28 of the
Regulations on the
Methods of Conducting
Trades in TCS ASTS+
Trade initiator: "Otbasy bank" house
construction savings bank
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[2021-04-02]