Eurasian Development Bank raised KZT20.0 bn on KASE by placing 3 year bonds KZP01Y03E900 (KZ2D00004298, EABRK120621_1) with yield to maturity of 9.10 % APR on June, 12
12.06.18 18:40
/KASE, 12.06.18/ – Special trading session for placement of KZP01Y03E900
(KZ2D00004298, EABRK120621_1, 1,000 tenge, 20.0 bln tenge; 3 years;
semiannual coupon, will be determined based on the results of the first
held auction for the placement of bonds; 30/360) bonds of Eurasian
Development Bank was held in Kazakhstan Stock Exchange (KASE) trading
system today on the following conditions.
BID PARAMETERS:
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Number of participants: 8
Number of participants' accounts: 14
Number of orders submitted (all / active): 14 / 13
Volume of active orders*, mln tenge: 21,690.0
Bid to ask, %: 108.5
Coupon rate on active orders submitted, % APR
– minimum 8.9900
– maximum 9.1000
– weighted average 9.0940
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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, 24.0% represents second-tier banks,
other institutional investors - 63.3%, 12.4% - the share of other legal
entities and 0.3% - the share of broker- dealer companies.
PLACEMENT RESULTS:
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Volume of orders executed, bonds: 20,000,000
Volume of orders executed, tenge: 20,000,000,000.0
Number of orders executed: 13
Number of participants' accounts: 13
Number of participants, whose orders were executed:
7
Volume of orders executed, % of plan: 100
Coupon rate of orders executed, % APR: 9.10
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According to Central Securities Depository (Almaty), deals on this
placement by the end of settlement of trade results were executed.
At the same time, 26.0% of bonds were bought out by STB, 0.4% by
broker-dealer companies, 60.2% by other institutional investors,
and 13.5% by other legal entities that are not institutional investors.
PLACEMENT TERMS:
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Trade date: 12.06.18
Declared placement volume at face value, mln tenge: 20,000.0
Lot size, pcs.: 1
Trade subject: coupon rate
Types of buy orders: Limited
Order submission method: Closed
Order receipt time: 11:30–12:30
Order confirmation time: 11:30–13:00
Striking time: 14:30 (Т+0)
Payment date and time: 12.06.18, 14:30 (Т+0)
Method of striking orders: orders, which prices are
equal or higher than the
cut-off price, are cutting
off
Order execution method: at cut-off price;
by the time of receipt of
counter orders
The initiator of the trade: Kazkommerts Securities JSC
(Subsidiary of
Kazkommertsbank JSC)
(Almaty)
Trading system sector: Int_Debts_List_
Trading system group: Int_Debts_List_
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[2018-06-12]