Special trading session on May 6 on KASE for offering bonds KZ2C00006484 (BASPb8) of Kazakhstan Sustainability Fund declared failed
06.05.20 16:38
/KASE, May 6, 2020/ – A special trading session for the offering of bonds
KZ2C00006484 (KASE alternative market, category "bonds", BASPb8) of
Kazakhstan Sustainability Fund (Almaty) was held in the trading system of
Kazakhstan Stock Exchange (KASE) today.
BID PARAMETERS:
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Number of participants: 5
Number of orders submitted (all / active), including: 8 / 8
– limit: 8 / 8
– market: 0
Volume of active orders*, mln tenge, including: 15,092.4
– limit: 15,092.4
– market: 0
Bid to ask, %: 320.0
"Clean" price on orders submitted, % of face value (on all / on active ones):
– minimum 91.9759
– maximum 93.1673
– weighted average 92.6984
Yield on orders submitted, % APR (on all / on active ones):
– minimum 11.4500
– maximum 11.9999
– weighted average 11.6649
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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 entire volume of active orders, the share of second-tier banks (STBs)
accounted for 87.4 %, other institutional investors accounted for 12.6 %.
OFFERING TERMS:
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Trade date: May 6, 2020
Current maturity: 2.8 years (1,011 days)
Announced offering volume, tenge: 5,000,000,000
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limit
Order submission method: closed
Order collection period: 10:00–12:00
Order confirmation period: 10:00–12:30
Striking time: 14:00 (Т+0)
Payment date: May 6, 2020, 14:00
Order cut-off method: orders are cut-off, whose
prices are equal to or
below the cut-off price
Limit 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: Halyk Finance, a subsidiary
of Halyk Savings Bank
of Kazakhstan
Trading system sector: Debts_List_ST1
Trading system group: Bonds_ST1_Alt
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The special trading session was recognized and declared failed due to the
unfavorable price fixed on submitted orders.
[2020-05-06]