Kazakhstan Sustainability Fund raised KZT1.9 bn on KASE by placing bonds KZ2C00006484 (BASPb8) with weighted average yield of 11.2800 % APR on June 19
19.06.20 19:54
/KASE, June 19, 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
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), 10 / 10
incl.:
– limit: 10 / 10
– market: 0
Volume of active orders*, mln tenge: 14,207.4
– limit: 14,207.4
– market: 0
Bid to ask, %: 738.1
"Clean" price on active orders submitted, % of the face value (all / active ones):
– minimum 93.4090
– maximum 93.7474
– weighted average 93.6028
Yield on active orders submitted, % APR (all / active ones):
– minimum 11.2800
– maximum 11.4398
– weighted average 11.3482
-----------------------------------------------------------------------------------
* 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
88.1 %, other institutional investors – for 11.9 %.
OFFERING RESULTS:
--------------------------------------------------------- -------------------------
Volume of orders executed, bonds: 2,000,000
Volume of orders executed, tenge: 1,927,836,888.9
Number of orders executed: 3
Number of participants, whose orders 2
were executed, %:
Volume of orders executed, % of plan: 100.0
"Clean" price in orders executed, %: 93.7474
Yield of bonds to maturity for buyer, % APR: 11.2800
-----------------------------------------------------------------------------------
According to the Central Securities Depository (Almaty), the deals on this
offering by the end of settlement based on the trading results, were executed.
50.0 % in terms of the raised volume, were purchased by second-tier banks,
50.0% – by other institutional investors.
OFFERING TERMS:
--------------------------------- --------------------------------
Trade date: June 19, 2020
Current maturity: 2.7 years (968 days)
Announced offering volume, tenge: 2,000,000,000
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: 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
------------------------------------------------------------------
[2020-06-19]