Kazakhstan Sustainability Fund raised KZT2.9 bn on KASE by placing bonds KZ2C00006484 (BASPb8) with YTM of 11.0000% APR on July 24
24.07.20 18:35
/KASE, July 24, 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:
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Number of participants: 4
Number of orders submitted (all / active ones), 6 / 6
incl.:
– limit: 6 / 6
– market: 0
Volume of active orders*, mln tenge: 13,230.2
– limit: 13,230.2
– market: 0
Bid to ask, %: 270.4
"Clean" price on active orders submitted, %
of the face value (all / active ones):
– minimum 93.4761
– maximum 94.5074
– weighted average 94.3785
Yield on active orders submitted, % APR (all / active ones):
– minimum 11.0000
– maximum 11.5000
– weighted average 11.0620
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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 92.4 %, other legal entities accounted for 7.6 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 3,000,000
Volume of orders executed, tenge: 2,939,347,000.00
Number of orders executed: 1
Number of participants, whose orders 1
were executed, %:
Volume of orders executed, % of plan: 60.0
"Clean" price in orders executed, %: 94.5074
Yield of bonds to maturity for buyer, % APR 11.0000
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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. Whole volume raised was purchased by second-tier banks (STBs).
OFFERING TERMS:
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Trade date: July 24, 2020
Term to maturity: 2.6 years (933 days)
Announced offering volume, tenge: 5,000,000,000
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limit
Order submission method: closed
Order collection period: 09:30–12:30
Order confirmation period: 09:30–13:00
Striking time: 14:30 (Т+0)
Payment date and time: July 24, 2020, 14:30
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 favourable for the
seller; pro rata to amounts
of offset orders
Trade initiator: BCC Invest – subsidiary of
Bank CenterCredit (Almaty)
Trading system sector: Debts_List_ST1
Trading system group: Bonds_ST1_M
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[2020-07-24]