"Baspana" Mortgage organization raises KZT9.4 bn on November 21 on KASE by placing bonds KZ2C00006328 (BASPb5) at 10.8385 % APR
21.11.19 18:39
/KASE, November 21, 2019/ – A special trading session for the offering of bonds
KZ2C00006328 (BASPb5, KZT1,000, KZT100.0 bn; 15.11.19–15.11.21; 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: 7
Number of orders submitted (all / active ones), 19 / 19
incl.:
– limit: 19 / 19
– market: 0
Volume of active orders*, mln tenge: 20,611.4
– limit: 20,611.4
– market: 0
Bid to ask, %: 107.2
"Clean" price on active orders submitted, % of the face value (all / active ones):
– minimum 95.7437
– maximum 96.0238
– weighted average 95.9578
Yield on active orders submitted, % APR (all / active ones):
– minimum 10.8300
– maximum 11.0000
– weighted average 10.8700
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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 70.5 %, brokers and dealers – for 4.7 %, other institutional
investors – for 10.8 %, other legal entities – for 14.1 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 9,828,000
Volume of orders executed, tenge: 9,449,767,444.0
Number of orders executed: 9
Number of participants, whose orders 4
were executed, %:
Volume of orders executed, % of plan: 49.1
Cut-off price, % 96.0073
"Clean" price in orders executed, %:
– minimum 96.0073
– maximum 96.0238
– weighted average 95.0098
Yield at cut-off price, % APR: 10.8400
Yield of bonds to maturity for buyer, % APR:
– minimum 10.8300
– maximum 10.8400
– weighted average 10.8385
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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 66.1 %, other institutional investors – for 3.2 %, other legal entities –
for 30.7 %.
OFFERING TERMS:
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Trade date: November 21, 2019
Current maturity: 2.0 years (714 days)
Announced offering volume, tenge: 20,000,000,000
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: November 21, 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
Trade initiator: BCC Invest – subsidiary of
Bank CenterCredit (Almaty)
Trading system sector: Debts_List_ST1
Trading system group: Bonds_ST1_Alt
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[2019-11-21]