"Baspana" Mortgage organization raises KZT7.3 bn on August 28 on KASE by placing bonds KZ2C00005833 (BASPb3) at 10.3137 % APR
27.08.19 18:28
/KASE, August 27, 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: 9
Number of orders submitted (all / active ones), 19 / 18
incl.:
– limit: 19 / 18
– market: 0
Volume of active orders*, mln tenge: 17,939.2
– limit: 17,939.2
– market: 0
Bid to ask, %: 247.0
"Clean" price on active orders submitted, % of the face value (all / active ones):
– minimum 98.6697
– maximum 98.9497
– weighted average 98.8515 / 98.8506
Yield on active orders submitted, % APR (all / active ones):
– minimum 10.2001
– maximum 10.7000
– weighted average 10.3750 / 10.3766
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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 65.5 %, other institutional investors – for 25.1 %, other legal entities – for 9.4 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 7,105,000
Volume of orders executed, tenge: 7,264,058,830.25
Number of orders executed: 10
Number of participants, whose orders 5
were executed, %:
Volume of orders executed, % of plan: 100.0
"Clean" price in orders executed, %:
– minimum (at the cut-off price) 98.8712
– maximum 98.9497
– weighted average 98.8859
Yield of bonds to maturity for buyer, % APR:
– minimum 10.2001
– maximum 10.3399
– weighted average 10.3137
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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, in terms of funds raised, second-tier banks (STB) accounted
for 28.1 %, other institutional investors – for 48.6 %, other legal entities –
for 23.2 %.
OFFERING TERMS:
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Trade date: August 27, 2019
Current maturity: 218 days
Announced offering volume, tenge: 7,105,000,000
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: August 27, 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 th
seller; pro rata to amounts
of offset orders
Market order execution method: at the cut-off price
Trade initiator: Eurasian Capital (Almaty)
Trading system sector: Debts_List_ST1
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[2019-08-27]