KEGOC raises KZT9.0 bn on KASE by placing 15-year bonds KZ2C00006658 (KEGCb3) with YTM of 12.00 % APR on May 28
28.05.20 19:09
/KASE, May 28, 2020/ – A special trading session for offering bonds KZ2C00006658
(KEGCb3, KZT1,000, KZT35.0 bn; May 28, 2020 – May 28, 2035, 30/360) of KEGOC
(Nur-Sultan) 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), 8 / 8
incl.:
– limit: 8/ 8
– market: 0
Volume of active orders*, mln tenge: 9,982.1
– limit: 9,982.1
– market: 0
Bid to ask, %: 10.4
"Clean" price on active orders submitted,
% of the face value (all / active ones):
– minimum 93,1176
– maximum 100,5000
– weighted average 93,2212
Yield on active orders submitted, % APR (all / active ones):
– minimum 10.9315
– maximum 12.0000
– weighted average 11.9838
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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 (STBs) accounted for 90.5
%, institutional investors – 9.0 %, other legal entities – 0.5 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 9,700,000
Volume of orders executed, tenge: 9,032,407,200.0
Number of orders executed: 8
Number of participants, whose orders 4
were executed, %:
Volume of orders executed, % of plan: 100.0
"Clean" price in orders executed, %: 93.1176
Yield of bonds to maturity for buyer, % APR 12.0000
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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. 89.6 % in terms of the raised volume were purchased by second-tier
banks, 9.9 % by other institutional investors, 0.5 % by other legal entities.
OFFERING TERMS:
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Trade date: May 28, 2020
Announced offering volume, tenge: 9,700,000,000
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limit
Order submission method: closed
Order collection period: 11:00–11:30
Order confirmation period: 11:00–12:00
Striking time: 15:00 (Т+0)
Payment date and time: May 28, 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 cut-off price; by the time of acceptance of
offset orders
Trade initiator: SkyBridge Invest
Trading system sector: Debts_List_ST1
Trading system group: Bonds_ST1_M
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[2020-05-29]