Kazakhstan Sustainability Fund raised KZT8.0 bn on KASE by placing bonds KZ2C00006336 (BASPb6) at weighted average yield of 10.6995% APR on March 5
/KASE, March 5, 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:
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Number of participants: 2
Number of orders submitted (all / active ones), 3 / 3
incl.:
– limit: 3 / 3
– market: 0
Volume of active orders*, mln tenge: 15,704.7
– limit: 15,704.7
– market: 0
Bid to ask, %: 196.5
"Clean" price on active orders submitted, % of the face value
(all / active ones):
– minimum 94.3808
– maximum 94.8299
– weighted average 94.7186
Yield on active orders submitted, % APR (all / active ones):
– minimum 10.6990
– maximum 10.9000
– weighted average 10.7486
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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.
The entire volume of active orders came from second-tier banks (STBs).
OFFERING RESULTS:
-------------------------------------------------------------------------------- Volume of orders executed, bonds: 8,293,207 Volume of orders executed, tenge: 7,999,459,911.6 Number of orders executed: 2 Number of participants, whose orders 2 were executed, %: Volume of orders executed, % of plan: 100.0 "Clean" price at cut-off price, %: 94,8278 "Clean" price in orders executed, %: – minimum 94.8278 – maximum 94.8299 – weighted average 94.8288 Yield at cut-off price, % APR: 10.6999 Yield of bonds to maturity for buyer, % APR – minimum 10.6990 – maximum 10.6999 – weighted average 10.6995 --------------------------------------------------------------------------------
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: March 5, 2020
Term to maturity: 2.8 years (1,011 days)
Announced offering volume, tenge: 8,293,207,000
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: March 5, 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
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[2020-03-05]