Kazakhstan Sustainability Fund raised KZT13.4 bn on KASE by placing bonds KZ2C00006484 (BASPb8) at weighted average yield of 10.70 % APR on February 27

27.02.20 20:20
/KASE, February 27, 2020/ – A special trading session for offering bonds KZ2C00006484 (BASPb8, KZT1,000, KZT100.0 bn; February 27, 2020 – February 27, 2023, 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: 4 Number of orders submitted (all / active ones), 4 / 4 incl.: – limit: 4 / 4 – market: 0 Volume of active orders*, mln tenge: 13,405.2 – limit: 13,405.2 – market: 0 Bid to ask, %: 54.5 "Clean" price on active orders submitted, % of the face value (all / active ones): 94.5957 Yield on active orders submitted, % APR (all / active ones): 10.7000 -------------------------------------------------------------------------------- * 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 70.6 %, other institutional investors accounted for 29.4 %. OFFERING RESULTS: -------------------------------------------------------------------------------- Volume of orders executed, bonds: 14,171,000 Volume of orders executed, tenge: 13,405,156,647.00 Number of orders executed: 4 Number of participants, whose orders 4 were executed, %: Volume of orders executed, % of plan: 54.5 "Clean" price in orders executed, %: 94.5957 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. OFFERING TERMS: --------------------------------- ---------------------------------------------- Trade date: February 27, 2020 Announced offering volume, tenge: 26,000,000,000 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 27, 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; at the time of acceptance of offset orders Trade initiator: Halyk Finance, subsidiary of Halyk Savings Bank of Kazakhstan (Almaty) Trading system sector: Debts_List_ST1 Trading system group: Bonds_ST1_Alt -------------------------------------------------------------------------------- [2020-02-27]