/KASE, September 26, 2019/ – A special trading session for the offering of bonds KZ2C00006211 (BASPb4, KZT1,000, KZT70.0 bn; 26.09.2019 – 26.09.2021, 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),           14 / 14                 
incl.:                                                                            
– limit:                                                  14 / 14                 
– market:                                                 0                       
Volume of active orders*, mln tenge:                      14,631.9                
– limit:                                                  14,631.9                
– market:                                                 0                       
Bid to ask, %:                                            151.5                   
"Clean" price on active orders submitted, % of the face value (all / active ones):
– minimum                                                 95.9011                 
– maximum                                                 96.9902                 
– weighted average                                        96.5671                 
Yield on active orders submitted, % APR (all / active ones):                      
– minimum                                                 10.2398                 
– maximum                                                 10.8900                 
– weighted average                                        10.4907                 
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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       
79.1 %, other institutional investors – for 10.6 %, other legal entities –        
for 10.2 %.
                                                                      
OFFERING RESULTS:                                                                 
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Volume of orders executed, bonds:                         8,152,000               
Volume of orders executed, tenge:                         7,904,447,509.0         
Number of orders executed:                                9                       
Number of participants, whose orders                      3                       
were executed, %:                                                                 
Volume of orders executed, % of plan:                     81.5                    
"Clean" price in orders executed, %:                                              
– minimum (at the cut-off price)                          96.8043                 
– maximum                                                 96.9902                 
– weighted average                                        96.9633                 
Yield of bonds to maturity for buyer, % APR:                                      
– minimum                                                 10.2398                 
– maximum                                                 10.3500                 
– weighted average                                        10.2557                 
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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 61.3 %, other institutional investors – for 19.0 %, other legal entities – for 19.7 %.

OFFERING TERMS:

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Trade date:                       September 26, 2019           
Current maturity:                 24 months (720 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:                     September 26, 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; pro rata to amounts  
                                  of offset orders
Market order execution method:    at the cut-off price         
Trade initiator:                  BCC Invest – subsidiary      
                                  of Bank CenterCredit         
                                  (Almaty)                     
Trading system sector:            Debts_List_ST1               
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[2019-09-26]