Kazakhstan Sustainability Fund raised KZT15.8 bn on KASE by placing bonds KZ2C00006336 (BASPb6) at weighted average yield of 10.70 % APR on February 20

20.02.20, 18:50
/KASE, February 20, 2020/ – A special trading session for offering bonds KZ2C00006336 (BASPb6, KZT1,000, KZT30.0 bn; December 26, 2019 – December 26, 2022, 30/360) of Kazakhstan Sustainability Fund (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: -------------------------------------------------------------------------------- Number of participants: 8 Number of orders submitted (all / active ones), 15 / 13 incl.: – limit: 15 / 13 – market: 0 Volume of active orders*, mln tenge: 16,265.1 – limit: 16,265.1 – market: 0 Bid to ask, %: 112.9 "Clean" price on active orders submitted, % of the face value (all / active ones): – minimum 94.6608 – maximum 94.7741 – weighted average 94.7740 / 94.7708 Yield on active orders submitted, % APR (all / active ones): – minimum 10.7000 – maximum 10.7500 – weighted average 10.7000 / 10.7015 -------------------------------------------------------------------------------- * 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 26.5 %, broker-dealers accounted for 5.8 %, other institutional investors accounted for 43.7 %, other legal entities accounted for 24.0 %. OFFERING RESULTS: -------------------------------------------------------------------------------- Volume of orders executed, bonds: 16,434,793 Volume of orders executed, tenge: 15,785,470,763.36 Number of orders executed: 12 Number of participants, whose orders 8 were executed, %: Volume of orders executed, % of plan: 109.6 Cut-off price, % 94.7741 "Clean" price in orders executed, %: 94.7741 Yield at cut-off price, % APR: 10.7000 Yield of bonds to maturity for buyer, % APR 10.7000 -------------------------------------------------------------------------------- According to the Central Securities Depository (Almaty), the deals on this offering by the end of settlement based on the trading results, were fully executed. 24.3 % in terms of raised volume were purchased by STBs, 6.0 % by brokers-dealers, 45.0 % by other institutional investors, 24.7% by other legal entities. OFFERING TERMS: --------------------------------- ---------------------------------------------- Trade date: February 20, 2020 Current maturity: 2.9 years (1,026 days) Announced offering volume, tenge: 15,000,000,000 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: February 20, 2020, 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 limit 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 organization of Bank CenterCredit (Almaty) Trading system sector: Debts_List_ST1 Trading system group: Bonds_ST1_Alt -------------------------------------------------------------------------------- [2020-02-20]