Kazakhstan Sustainability Fund raised KZT6.7 bn on KASE by placing bonds KZ2C00006484 (BASPb8) with weighted average yield of 11.3514 % APR on May 22

22.05.20, 13:13
/KASE, May 22, 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 the Kazakhstan Stock Exchange (KASE) today. Below are parameters of the bid and results of the special trading session. BID PARAMETERS: -------------------------------------------------------------------------------- Number of participants: 6 Number of orders submitted (all / active ones), 13 / 9 incl.: – limit: 13 / 9 – market: 0 Volume of active orders*, mln tenge: 19,084.4 – limit: 19,084.4 – market: 0 Bid to ask, %: 285.7 "Clean" price on active orders submitted, % of the face value (all / active ones): – minimum 93.2473 / 93.3771 – maximum 93.5719 – weighted average 93.4059 / 93.4149 Yield on active orders submitted, % APR (all / active ones): – minimum 11.3000 – maximum 11.4500 / 11.3899 – weighted average 11.3766 / 11.3725 -------------------------------------------------------------------------------- * 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 85.0 %, institutional investors accounted for 15.0 %. OFFERING RESULTS: -------------------------------------------------------------------------------- Volume of orders executed, bonds: 7,000,000 Volume of orders executed, tenge: 6,682,720,611.1 Number of orders executed: 8 Number of participants, whose orders 5 were executed, %: Volume of orders executed, % of plan: 100.0 "Clean" price at cut-off price, %: 93.3986 "Clean" price in orders executed, %: – minimum 93.3986 – maximum 93.5719 – weighted average 93.4605 Yield at cut-off price, % APR: 11.3800 Yield of bonds to maturity for buyer, % APR – minimum 11.3000 – maximum 11.3800 – weighted average 11.3514 -------------------------------------------------------------------------------- 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. 84.6 % in terms of the raised volume, were purchased by second-tier banks, 15.4 % – by other institutional investors. OFFERING TERMS: --------------------------------- ---------------------------------------------- Trade date: May 22, 2020 Term to maturity: 2.8 years (995 days) Announced offering volume, tenge: 7,000,000,000 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 and time: May 22, 2020, 14:00 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: Subsidiary Organization of Halyk Bank of Kazakhstan Halyk Finance (Almaty) Trading system sector: Debts_List_ST1 Trading system group: Bonds_ST1_M -------------------------------------------------------------------------------- [2020-05-23]