Mortgage Organization Baspana on October 3 raised KZT9.9 bn on KASE selling bonds KZ2C0M12F921 (KZ2C00004372, BASPb1)
/KASE, October 3, 2018/ – A special trading session for the offering of bonds KZ2C0M12F921 (KZ2C00004372, KASE alternative market, category "bonds", BASPb1; KZT1,000, KZT20.0 bn; 370 days; coupon 8.50 % APR is paid after six months from the start of circulation and during redemption of bonds; 30/360) of Mortgage Organization "Baspana" (Almaty) was held in Kazakhstan Stock Exchange (KASE) trading system today. Below are parameters of the bid and results of the special trading session.
BID PARAMETERS:
------------------------------------------------------- ------------------------ Number of participants: 2 Number of orders submitted (total / active) 13 / 4 Volume of active orders*, mln tenge: 11,999.6 Bid to ask, %: 121.0 "Dirty" price on orders submitted, % 100.0000 (active) – minimum 988.4560 – maximum 992.3800 – weighted average 991.6990 -------------------------------------------------------------------------------- * 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, institutional investors accounted for 82.7 %, other legal entities – for 17.3 %. OFFERING RESULTS:
------------------------------------------------------- ------------------------ Volume of orders executed, bonds: 10,000,000 Volume of orders executed, tenge: 9,923,800,000.0 Number of orders executed: 1 Volume of orders executed, % of plan: 100 Cut-off price, tenge: 992.3800 Dirty price on executed orders, tenge: 992.3800 --------------------------------------------------------------------------------
According to the Central Securities Depository (Almaty), the deal on this offering by the end of settlement based on the trading results, was executed. 100% of bonds on the offering volume were purchased by an institutional investor.
OFFERING TERMS:
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Trade date: October 3, 2018
Current maturity: 370 days
Declared volume at face value, tenge: 10,000,000,000
Lot size, pieces: 1
Trade subject: "dirty" price
Purchase order types: limit and market
Market order execution ratio, %: 30
Order submission method: closed
Order acceptance period: 10:00–12:30
Order confirmation period: 10:00–13:00
Striking time: 15:00 (Т+0)
Payment date: October 3, 2018
Order cut-off method: orders are cut-off, whose
prices are equal to or
below the cut-off price
Order execution method: at cut-off price; pro rata to
amounts of offset orders
Trade initiator: Subsidiary organization of
Halyk Bank of Kazakhstan
Halyk Finance (Almaty)
Trading system sector: Debts_List_ST1
Trading system group: Bonds_ST1_Alt
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[2018-10-03]