Subsidiary Organization VTB Bank (Kazakhstan) raises KZT4.9 bn on KASE by placing two-year bonds KZ2C00003663 (BVTBb4) at 10.42 % APR on August 20
20.08.19 18:36
/KASE, August 20, 2019/ – A special trading session for the offering of two-
year bonds KZ2C00003663 (BVTBb4, KZT100, KZT10.0 bn; 20.08.2019–20.08.2021,
30/360) of Subsidiary Organization VTB Bank (Kazakhstan) (Almaty) was held in
the trading system of Kazakhstan Stock Exchange (KASE) today. Below are the bid
parameters and results of the special trading session.
BID PARAMETERS:
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Number of participants: 4
Number of orders submitted (all / active ones), 17 / 7
including:
– limit: 17 / 7
– market: 0
Volume of active orders*, mln tenge: 5,638.1
– limit: 5,638.1
– market: 0
Bid to ask, %: 115.7
"Clean" price on orders submitted, % of the face value (on all / on active ones):
– minimum 97.4562
– maximum 97.4946
– average weighted 97.4755 / 97.4946
Yield on orders submitted, % APR (on all / on active ones):
– minimum 10.4200
– maximum 10.4200
– average weighted 10.4200
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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
34.6 %, brokers and dealers – for 0.5 %, other institutional investors – for 64.9 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 50,000,000
Volume of orders executed, tenge: 4,874,730,000.0
Number of orders executed: 7
Number of participants whose orders 4
were executed:
Volume of orders executed, % of plan: 100.0
"Clean" price in orders executed, % 97.4946
of the face value:
Yield of bonds to maturity for buyer, % APR: 10.4200
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According to the Central Securities Depository (Almaty), deals under this
offering by the end of settlement based on the trading results, were executed.
In terms of amounts raised, second-tier banks (STB) accounted for 34.6 %,
brokers and dealers – for 0.5 %, other institutional investors – for 64.9 %.
OFFERING TERMS:
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Trade date: August 20, 2019
Current maturity: 2 years (720 days)
Declared offering amount, tenge: 5,000,000,000
Lot size, pieces: 1
Trade subject: "clean" price
Buy order types: limit
Order submission method: closed
Order collection period: 11:00–14:30
Order confirmation period: 11:00–15:00
Striking time: 16:00 (Т+0)
Payment date and time: August 20, 2019, 16:00
Order cut-off method: orders are cut-off, whose
prices are equal to or
below the cut-off price
Orders execution method: at the cut-off price; pro
rata to amounts of
off-set orders;
Trades initiator: BCC Invest – subsidiary
of Bank CenterCredit
Trading system sector: Debts_List_ST1
Trading system group: Bonds_ST1_M
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[2019-08-20]