At initial offering domestic bonds of KazTransOil OJSC were bought by banks and APF of Kazakhstan

21.11.01 00:00
/IRBIS, Nov 21, 01/ - As Kazkommerts Securities OJSC (Almaty), financial consultant of KazTransOil OJSC (Astana; transportation of oil, oil products and water using pipeline system), informed the Kazakhstan Stock Exchange (KASE), at initial offering of first issue inscribed coupon bonds (KZ73LAONAA35; official list of KASE securities under category "А"; KZTOb; $100; $30.0m; Oct 23.00 - Oct 23.03; semiannual coupon at 9.0% APR) of the company 43.47% of the securities were bought by commercial banks, 38.90% - private accumulative pension funds of Kazakhstan (APF), and 17.63% - other investors. The offering was held at the Exchange in purchase-sale sector and on subscription out of the Exchange. Kazkommerts Securities OJSC informed that all deals were made at a single yield to maturity - 10.29%. The last deal was made during the initial offering on June 29, 01. The trades in these bonds were opened at KASE on Oct 20, 00. Throughout the circulation period at the Exchange a total of 163 deals were made amounting to $23,577,968.3. Yield to maturity varied from 8.10% to 10.57% APR, weighted average yield equaled 9.98% APR for the whole circulation period.