VTB Bank (Kazakhstan) Subsidiary Company raised KZT1.8 bn on KASE by placing bonds KZ2C00003663 (BVTBb4) at 11.50 % APR on December 12
12.12.19 19:02
/KASE, December 12, 2019/ – A special trading session for offering bonds
KZ2C00003663 (BVTBb4, KZT100, KZT10.0 bn; August 20, 2019 – August 20, 2021,
30/360) of VTB Bank (Kazakhstan) Subsidiary Company (Almaty) was held in
Kazakhstan Stock Exchange (KASE) trading system today. 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 (all / active ones), 5 / 5
incl.:
– limit: 5 / 5
– market: 0
Volume of active orders*, mln tenge: 1,819.2
– limit: 1,819.2
– market: 0
Bid to ask, %: 47.0
"Clean" price on orders submitted, % of the face value
(all / active ones):
– minimum: 96.2294
– maximum: 96.2440
– weighted average: 96.2328
Yield on orders submitted, % APR (all / active ones):
– minimum: 11.4900
– maximum: 11.5000
– weighted average: 11.4977
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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 the share of other institutional investors
accounted for 71.4 %, other legal entities accounted for 28.6%.
OFFERING RESULTS:
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Volume of orders executed, bonds: 18,370,000
Volume of orders executed, tenge: 1,819,170,078.0
Number of orders executed: 5
Number of participants, whose orders 2
were executed, %:
Volume of orders executed, % of plan: 47.0
"Clean" price in orders executed, %: 96.2294
Yield of bonds to maturity for buyer, % APR 11.5000
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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.
OFFERING TERMS:
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Trade date: December 12, 2019
Current maturity: 1.7 years (608 days)
Announced offering volume, tenge: 3,905,696,700
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limit
Order submission method: closed
Order collection period: 11:00–14:30
Order confirmation period: 11:00–15:00
Striking time: 16:00 (Т+0)
Payment date and time: December 12, 2019, 16:00
Order cut-off method: orders are cut-off, whose
prices are equal to or
below the cut-off price
Order execution method: at cut-off price, 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_M
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[2019-12-12]