Sovereign Wealth Fund Samruk-Kazyna raises KZT40.5 bn on KASE selling bonds KZ2C00002293 (SKKZb9) at 12.5 % APR on March 20
19.03.20 23:10
/KASE, March 20, 2020/ – A special trading session for selling bonds KZ2C00002293
(SKKZb9, KZT1,000; KZT40.5 bn; March 19, 2020 – April 19, 2021, 30/360) of
Sovereign Wealth Fund Samruk-Kazyna (Nur-Sultan) was held in trading system of
the Kazakhstan Stock Exchange. Below are parameters of the bid and results of
the special trading session.
BID PARAMETERS:
--------------------------------------------------------------------------------
Number of participants: 5
Number of orders submitted (total / active) including: 5 / 5
– limit: 5 / 5
– market: 0
Volume of active orders*, mln tenge: 40,500.0
– limit: 40,500.0
– market: 0
Bid to ask, %: 100.0
Coupon rate on active orders submitted, % APR (total / active): 12.5000
---------------------------------------------------------------------------------
* 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 (STBs) accounted for 27.2 %,
other institutional investors accounted for 60.5 % and other legal entities
accounted for 12,3 %.
OFFERING RESULTS:
--------------------------------------------------------------------------------
Volume of orders executed, bonds: 40,500,000
Volume of orders executed, tenge: 40,500,000,000.0
Number of orders executed: 5
Number of participants whose 5
orders were executed:
Volume of orders executed, % of plan: 100.0
Coupon rate in orders executed, % APR: 12.5000
--------------------------------------------------------------------------------
According to Central Securities Depository (Almaty), deals on this offering were
fully executed by the end of settlements by trade results.
OFFERING TERMS:
------------------------------- ------------------------------------------------
Trade date: March 19, 2020
Current maturity: 13 months
Declared placement volume, KZT: 40,500,000,000
Lot size: 1
Trade subject: coupon rate
Purchase orders types: limit
Order submission method: closed
Order collection time: 10:30–12:30
Order confirmation time: 10:30–13:00
Striking time: 15:00 (Т+0)
Payment date and time: March 19, 2020, 15:00
Order cut-off method: orders are cut-off, whose
prices are equal to or
above the cut-off price
Order execution method: at cut-off price; pro rata to amounts of offset
orders
Trade initiator: Subsidiary Organization of Halyk Bank of
Kazakhstan Halyk Finance
Trading system sector: Debts_List_ST3
Trading system group: Bonds_ST3_M
--------------------------------------------------------------------------------
[2020-03-20]