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:
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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
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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 70.6
%, other institutional investors accounted for 29.4 %.
OFFERING RESULTS:
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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
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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 fully
executed.
OFFERING TERMS:
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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
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[2020-02-27]