Eurasian Development Bank raises KZT20.0 bn on KASE on February 22 by selling three-year bonds KZ2C00004737 (EABRK220222) at 9.70 % APR

22.02.19 17:31
/KASE, February 22, 2019/ – A special trading session for the offering of bonds KZ2C00004737 (KASE official list, "Securities of international financial organizations" sector, EABRK220222) of the Eurasian Development Bank (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: 7 Number of orders submitted (all / active), 9 / 8 only limit: Volume of active orders*, mln tenge: 25,030.0 Bid to ask, %: 125.2 Coupon rate on orders submitted, % APR (on all / on active ones): – minimum 9.6500 – maximum 9.7000 – weighted average 9.6888 / 9.6887 -------------------------------------------------------------------------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. In the entire volume of active orders, the share of second-tier banks (STBs) accounted for 20.0%, broker-dealer firms accounted for 0.2%, other institutional investors accounted for 79.1%, other legal entities accounted for 0.7%. OFFERING RESULTS: --------------------------------------------------- ---------------- Volume of orders executed, bonds: 20,000,000 Volume of orders executed, tenge: 20,000,000,000.0 Number of orders executed: 8 Number of participants, whose orders were executed: 7 Volume of orders executed, % of plan: 100 Coupon rate on orders executed, % APR: 9.7000 -------------------------------------------------------------------- According to the Central Securities Depository (Almaty), the deals on this offering by the end of settlement based on the trading results, were executed. The share of STBs accounted for 25.0%, the share of broker-dealer firms accounted for 0.3%, the share of other institutional investors accounted for 73.9%, the share of other legal entities accounted for 0.9%. OFFERING TERMS: ----------------------------------- -------------------------------------------- Trade date: February 22, 2019 Current maturity: 3 years (1,080 days) Offering volume at face value, KZT: 20,000,000,000 Lot size, pcs: 1 Trade subject: coupon rate Purchase orders types: limit Order submission method: closed Order collection time: 11:30–12:30 Order confirmation time: 11:30–13:00 Striking time and date: 13:00 (Т+0) Payment date and time: February 22, 2019, 13:00 Order cut-off method: orders are cut-off, whose prices are equal to or above the cut-off price Order execution method: at cut-off price; by the time of acceptance of offset orders Trades initiator: Kazkommerts Securities (subsidiary of Kazkommertsbank) Trading system sector: Int_Debts_List_ Trading system group: Int_Debts_List_ -------------------------------------------------------------------------------- [2019-02-22]