Kazakhstan Sustainability Fund raised KZT2.7 bn on KASE by placing bonds KZ2C00006476 (BASPb7) with weighted average yield of 11.3089 % APR on June 19
19.06.20 19:15
/KASE, June 19, 2020/ – A special trading session for the offering of bonds
KZ2C00006476 (BASPb7, KZT1,000, KZT50.0 bn; April 10, 2020 – April 10,
2025, 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: 3
Number of orders submitted (all / active ones), 5 / 5
incl.:
– limit: 5 / 5
– market: 0
Volume of active orders*, mln tenge: 3,046.5
– limit: 3,046.5
– market: 0
Bid to ask, %: 110.9
"Clean" price on active orders submitted, % of the face value (all / active ones):
– minimum 89.9269
– maximum 89.9602
– weighted average 89.9302
Yield on active orders submitted, % APR (all / active ones):
– minimum 11.3000
– maximum 11.3500
– weighted average 11.3455
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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 30.1 %, institutional investors accounted for 69.9 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 3,000,000
Volume of orders executed, tenge: 2,746,791,024.19
Number of orders executed: 5
Number of participants, whose orders 3
were executed, %:
Volume of orders executed, % of plan: 100.0
"Clean" price at cut-off price, %: 89.9269
"Clean" price in orders executed, %:
– minimum 89.9269
– maximum 89.9602
– weighted average 89.9305
Yield at cut-off price, % APR: 11.3100
Yield of bonds to maturity for buyer, % APR:
– minimum 11.3000
– maximum 11.3100
– weighted average 11.3089
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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. 29.7 % in terms of the raised volume, were purchased by
second-tier banks, 70.3 % – by other institutional investors.
OFFERING TERMS:
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Trade date: June 19, 2020
Current maturity: 4.8 years (1,731 days)
Announced offering volume, tenge: 3,000,000,000
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 and time: June 19, 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: Subsidiary Organization of
Halyk Bank of Kazakhstan
Halyk Finance (Almaty)
Trading system sector: Debts_List_ST1
Trading system group: Bonds_ST1_M
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[2020-06-19]