Agrarian Credit Corporation on July 8 raised KZT5.0 bn on KASE by placing bonds KZ2C00006849 (AGKKb13) at YTM of 11.7501 % APR
08.07.20 19:09
/KASE, July 8, 2020/ – A special trading session for the offering of bonds
KZ2C00006849 (AGKKb13, KZT1,000, KZT10.0 bn; 08.07.20–08.07.21, 30/360)
of Agrarian Credit Corporation (Nur-Sultan) was held in the trading system of
Kazakhstan Stock Exchange (KASE) today on the terms below (Almaty time).
Below are parameters of the bid and results of the special trading session.
BID PARAMETERS:
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Number of participants: 1
Number of orders submitted (on all / active),
including: 1 / 1
– limit: 1 / 1
– market: 0
Volume of active orders*, mln tenge: 5,000.0
– limit: 5,000.0
– market: 0
Bid to ask, %: 100.0
"Clean" price on active orders submitted, 99.1051
% of the face value (all / active):
Coupon rate on active orders submitted, 11.7501
% APR (on all / active):
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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.
OFFERING RESULTS:
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Volume of orders executed, bonds: 5,045,147
Volume of orders executed, tenge: 4,999,997,979.5
Number of orders executed: 1
Number of participants, whose orders 1
were executed, %:
Volume of orders executed, % of plan: 100.0
"Clean" price in orders executed, %: 99.1051
Yield of bonds to maturity for buyer, % APR: 11.7501
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According to the Central Securities Depository (Almaty), the deal on this
offering by the end of settlement based on the trading results, was fully executed.
OFFERING TERMS:
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Trade date: July 8, 2020
Announced offering volume at face value, tenge: 5,045,147,000
Lot size, pieces: 1
Trade subject: "clean" price
Purchase orders types: limit and market
Market order execution ratio, %: 70
Order submission method: closed
Order collection period: 09:30–11:30
Order confirmation period: 09:30–12:00
Striking time: 12:30 (Т+0)
Payment date and time: July 8, 2020, 12:30
Orders cutting-off method: orders are cut-off, whose
prices are equal to or
below the cut-off price
Method of execution of limit orders: 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
Market order execution method: at weighted average price
Trades initiator: Tengri Partners
Investment Banking
(Kazakhstan)
Trading system sector: Debts_List_ST1
Trading system group: Com_Bonds_ST1_M
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[2020-07-08]