"Baspana" Mortgage organization raised KZT6.1 bn on August 23 on KASE by placing bonds KZ2C00005833 (BASPb3) at 10.3400 % APR
23.08.19 17:44
/KASE, August 23, 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 "Baspana" Mortgage organization (Almaty) was held in the trading system of
Kazakhstan Stock Exchange (KASE) today. Below are parameters of the bid and
results of the special trading session.
BID PARAMETERS:
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Number of participants: 5
Number of orders submitted (all / active ones), 16 / 10
incl.:
– limit: 16 / 10
– market: 0
Volume of active orders*, mln tenge: 15,312.1
– limit: 15,312.1
– market: 0
Bid to ask, %: 250.0
"Clean" price on active orders submitted, % of the face value (all / active ones):
– minimum 98.6490
– maximum 98.8596
– weighted average 98.8275 / 98.8225
Yield on active orders submitted, % APR (all / active ones):
– minimum 10.3300
– maximum 10.7000
– weighted average 10.3862 / 10.3951
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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 93.3 %, other institutional investors – for 3.3 %, other legal entities – for 3.3 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 6,000,000
Volume of orders executed, tenge: 6,126,734,000.0
Number of orders executed: 3
Number of participants, whose orders 2
were executed, %:
Volume of orders executed, % of plan: 100.0
"Clean" price in orders executed, %: 98.8539
Yield of bonds to maturity for buyer, % APR 10.3400
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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, the entire volume was purchased by STB.
OFFERING TERMS:
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Trade date: August 23, 2019
Current maturity: 222 days
Announced offering volume, tenge: 6,000,000,000
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limit and market
Market order execution rate, %: 70
Order submission method: closed
Order collection period: 10:30–12:30
Order confirmation period: 10:30–13:00
Striking time: 14:00 (Т+0)
Payment date: August 23, 2019, 14:00
Order cut-off method: orders are cut-off, whose
prices are equal to or
below the cut-off price
Limit order execution method: at the cut-off price; by the
time of acceptance of
offset orders
Market order execution method: at the cut-off price
Trade initiator: Tengri Capital MB
(Almaty)
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[2019-08-23]