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]