"Baspana" Mortgage organization raised KZT10.0 bn on May 13 on KASE by placing bonds KZ2C00005833 (BASPb3) at 9.4400 % APR
13.05.19 19:41
/KASE, May 13, 2019/ – A special trading session for the offering of bonds
KZ2C00005833 (BASPb3, KZT1,000, KZT100.0 bn; 05.04.2019 – 05.04.2020, 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:
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Number of participants: 8
Number of orders submitted (all / active ones), 18 / 15
incl.:
– limit: 15 / 12
– market: 3
Volume of active orders*, mln tenge: 38,716.3
– limit: 33,716.8
– market: 4,999.5
Bid to ask, %: 386.9
"Clean" price on active orders submitted, % of the face value (all / active ones):
– minimum 99.1025
– maximum 99.2660
– weighted average 99.1684 / 99.1734
Yield on active orders submitted, % APR (all / active ones):
– minimum 9.3501
– maximum 9.5500
– weighted average 9.4693 / 9.4632
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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, second-tier banks (STB) accounted
for 69.8 %, institutional investors – for 30.2 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 10,000,000
Volume of orders executed, tenge: 10,008,962,222.2
Number of orders executed: 8
Number of participants, whose orders 5
were executed, %:
Volume of orders executed, % of plan: 100
"Clean" price in orders executed, %: 99.1924
Yield of bonds to maturity for buyer, % APR 9.4400
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According to the Central Securities Depository (Almaty), the deals on this
offering by the end of settlement based on the trading results, were executed.
At that, 73.2%, in terms of the raised volume, were purchased by STB, 26.8 % –
by other institutional investors.
OFFERING TERMS:
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Trade date: May 13, 2019
Current maturity: 322 days
Announced offering volume, tenge: 10,000,000,000
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limit and market
Market order execution ratio, %: 30
Order submission method: closed
Order collection period: 10:30–12:30
Order confirmation period: 10:30–13:00
Striking time: 15:00 (Т+0)
Payment date and time: May 13, 2019, 15:00
Order cut-off method: orders are cut-off, whose
prices are equal to or
below the cut-off price
Order execution method: at the cut-off price; pro rata
to amounts of offset orders
Trade initiator: Subsidiary of Halyk Savings
Bank of Kazakhstan "Halyk
Finance" (Аlmaty)
Trading system sector: Debts_List_ST1
Trading system group: Com_Bonds_ST1_Alt
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[2019-05-13]