Baspana Mortgage Organization raised KZT9.0 bn on June 14 on KASE by placing bonds KZ2C00005833 (BASPb3) at 9.3456 % APR
14.06.19 19:44
/KASE, June 14, 2019/ – A special trading session for the offering bonds
KZ2C00005833 (BASPb3, KZT1,000, KZT100.0 bn; April 5, 2019 – April 5, 2020,
30/360) of Baspana Mortgage Organization (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: 6
Number of orders submitted (all / active ones), 9 / 8
incl.:
– limit: 9 / 8
– market: 0
Volume of active orders*, mln tenge: 13,005.7
– limit: 13,005.7
– market: 0
Bid to ask, %: 129.0
"Clean" price on active orders submitted, % of the face value (all / active ones):
– minimum 99.0476
– maximum 99.4201
– weighted average 99.2408 / 99.2295
Yield on active orders submitted, % APR (all / active ones):
– minimum 9.2000
– maximum 9.7000
– weighted average 9.4401 / 9.4553
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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 46.5 %, other institutional investors – for 53.5 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 8,895,000
Volume of orders executed, tenge: 8,978,656,285.0
Number of orders executed: 6
Number of participants, whose orders 4
were executed, %:
Volume of orders executed, % of plan: 89.0
"Clean" price in orders executed, %:
– minimum (at cut off price) 99.2409
– maximum 99.4201
– weighted average 99.3113
Yield of bonds to maturity for buyer, % APR
– minimum 9.2000
– maximum 9.4400
– weighted average 9.3456
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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, 22.5%, in terms of the raised volume were purchased by STBs, 77.5 % –
by other institutional investors.
OFFERING TERMS:
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Trade date: June 14, 2019
Current maturity: 291 days
Announced offering volume, tenge: 10,000,000,000
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limit
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: June 14, 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 prices of offset orders equal to the cut-off
price or those more favorable for the seller;
by the time of acceptance of offset orders
Trade initiator: Subsidiary Organization of Halyk Bank of
Kazakhstan Halyk Finance (Almaty)
Trading system sector: Debts_List_ST1
Trading system group: Com_Bonds_ST1_Alt
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[2019-06-14]