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: --------------------------------------------------------- ------- 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): ----------------------------------------------------------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. OFFERING RESULTS: -------------------------------------------- --------------- 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 ------------------------------------------------------------ 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: ----------------------------------------------- -------------------------------- 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 -------------------------------------------------------------------------------- [2020-07-08]