Kazakhstan Sustainability Fund on July 3 raised KZT 2.0 bn on KASE by placing bonds KZ2C00012136 (KFUSb86) at yield to maturity of 16.95 % APR
/KASE, July 3, 2025/ – A special trading session for the offering of bonds KZ2C00012136 (KASE main market, "commercial bonds" category, KFUSb86; KZT 1,000, KZT 10.0 bn; 03.07.25 – 03.07.26, annual coupon, 12.50 % APR; 30/360) of Kazakhstan Sustainability Fund JSC (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: 4 Number of orders submitted (all / active ones), 6 / 5 incl.: – limit: 6 / 5 – market: 0 / 0 Volume of active orders*, mln tenge: 17,344.5 incl.: – limit: 17,344.5 – market: 0.0 Bid to ask: 180.7 % "Clean" price on orders submitted, % of face value (on all / active ones): – minimum 95.7447 – maximum 96.1950 – weighted average 96.0192 / 95.9770 Yield on orders submitted, % APR (on all / active ones): – minimum 16.9500 – maximum 17.5000 – weighted average 17.1638 / 17.2153 ------------------------------------------------------------------------------ * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. Of the total volume of active orders, banks accounted for 33.4 %, other institutional investors – for 11.3 %, other legal entities – for 55.3 %. OFFERING RESULTS: ------------------------------------------------------ ----------------------- Volume of orders executed, bonds: 2,039,555 Volume of orders executed, KZT: 1,961,909,932.3 Number of orders executed: 2 Number of participants, whose orders 2 were executed: Volume of orders executed, % of plan: 20.4 "Clean" cut-off price, % of face value: 96.1910 "Clean" price in executed orders, % of face value: – minimum 96.1910 – maximum 96.1950 – weighted average 96.1930 Yield at cut-off price, % APR: 16.9500 Yield of bonds to maturity for buyer, % APR: – minimum 16.9500 – maximum 16.9500 – weighted average 16.9500 ------------------------------------------------------------------------------
During the placement, the entire volume was purchased by institutional investors.
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:
-------------------------------------- --------------------------- Trade date: 03.07.25 Announced offering volume, tenge: 10,000,000,000 Lot size, pieces: 1 Trade subject: "clean" price Purchase order type: limit Order submission method: closed Order collection time: 10:00–12:00 Order confirmation time: 10:00–12:00 Cut-off time: 14:30 (Т+0) Payment date and time: 03.07.25, 14:30 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 depending on the prices of orders: orders equal to the cut-off price or those more favorable for the seller Limit order execution method depending by the time of acceptance on the order of their submission: of offset orders Trade initiator: Eurasian Capital JSC ------------------------------------------------------------------
[2025-07-03]