Agrarian Credit Corporation raised KZT3.3 bn on KASE placing seven-year bonds KZ2C00006161 (AGKKb12) at 10.75 % APR on October 10
10.10.19 19:15
/KASE, October 10, 2019/ – A special trading session for offering seven-year bonds
KZ2C00006161 (AGKKb12, KZT1,000, KZT70.0 bn; October 10, 2019 to October 10, 2026;
30/360) of Agrarian Credit Corporation (Nur-Sultan) was held today in the trading
system of Kazakhstan Stock Exchange (KASE). Below are parameters of the bid and
results of the special trading session.
BID PARAMETERS:
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Number of participants: 2
Number of orders submitted (on all / active),
including: 2 / 2
– limit: 2 / 2
– market: 0
Volume of active orders*, mln tenge: 3,300.0
– limit: 3,300.0
– market: 0
Bid to ask, %: 99.6
Coupon rate on active orders submitted, % APR (on all / active): 10.7500
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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.
OFFERING RESULTS:
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Volume of orders executed, bonds: 3,300,000
Volume of orders executed, tenge: 3,300,000,000.0
Number of orders executed: 2
Number of participants, whose orders 2
were executed, %:
Volume of orders executed, % of plan: 99.6
Coupon rate on orders executed, % APR: 10.7500
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According to the Central Securities Depository (Almaty), the deal on this
offering by the end of settlement based on the trading results, was fully
executed.
OFFERING TERMS:
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Trade date: October 10, 2019
Current maturity: 7 years (2,520 days)
Declared offering volume at face value, tenge: 3,313,317,000
Lot size, pieces: 1
Trade subject: coupon rate
Purchase orders types: limit
Order submission method: closed
Order receipt period: 11:30–12:30
Order confirmation period: 11:30–13:00
Striking time: 14:30 (Т+0)
Payment date and time: October 10, 2019, 14:30
Order cut-off method: orders are cut-off, whose
prices are equal to or
above the cut-off price
Order execution method: at cut-off price; by the time of
acceptance of offset orders
Trades initiator: Kazkommerts Securities (subsidiary
of Kazkommertsbank)
Trading system sector: Debts_List_ST1
Trading system group: Bonds_ST1_M
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[2019-10-10]