Kazakhstan Sustainability Fund on July 2 raised KZT9.9 bn on KASE by placing bonds KZ2C00007581 (KFUSb25) with yield to maturity of 10.09 % APR
/KASE, July 2, 2021/ – A special trading session for the offering of bonds KZ2C00007581 (KFUSb25; KZT1,000, KZT10.0 bn; 02.07.21 – 02.07.24; 30/360) of Kazakhstan Sustainability Fund (Almaty) was held in the trading system of Kazakhstan Stock Exchange (KASE) today. Below are parameters of the bid and results of the special trading session.
BID PARAMETERS:
-------------------------------------------------------- --------------------- Number of participants: 2 Number of orders submitted (all / active ones), 4 / 4 incl.: – limit: 4 / 4 – market: 0 Volume of active orders*, mln tenge, 9,968.2 – limit: 9,968.2 – market: 0 Bid to ask, %: 101.2 % "Clean" price on orders submitted, % of the face 98.5351 value (on all /active ones): Yield on orders submitted, % APR 10.0900 (on all /active ones): ------------------------------------------------------------------------------ * 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 second-tier banks (STB) accounted for 89.0 %, the share of brokers and dealers – for 10.0 %, the share of other institutional investors– for 1.0 %. OFFERING RESULTS:
-------------------------------------------------------- --------------------- Volume of orders executed, bonds: 10,000,000 Volume of orders executed, tenge: 9,853,510,000.0 Number of orders executed: 4 Number of participants, whose orders 2 were executed: Volume of orders executed, % of plan: 100.0 "Clean" cut-off price, % of face value: 98.5351 "Clean" price in orders executed, % of face value: 98.5351 Yield at cut-off price, % APR: 10.0900 Yield of bonds to maturity for buyer, % APR 10.0900 ------------------------------------------------------------------------------
According to the Central Securities Depository (Almaty), 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: July 2, 2021
Announced offering volume, tenge: 10,000,000,000
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limit and market
Percentage of market orders submitted 70
per trading participant, %:
Order submission method: closed
Order collection period: 09:30–11:30
Order confirmation period: 09:30–11:30
Cut-off time: 12:30 (Т+0)
Payment date and time: July 2, 2021, 12:30
Order cut-off method: orders are cut-off, whose
prices are equal to or
below the cut-off price
Limit order execution method at prices of limit offset orders
depending on the prices of orders: equal to the cut-off price or
those more favorable
for the seller
Market order execution method at weighted average price of limit
offset orders whose
depending on the prices of orders: prices are equal to the
cut-off price or more
favorable for the seller
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: Tengri Partners Investment
Banking (Kazakhstan) JSC
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[2021-07-02]