Development Bank of Kazakhstan raised KZT50.0 bn on KASE placing five-year bonds KZ2C00006864 (BRKZb19) on July 28
28.07.20 18:34
/KASE, July 28, 2020/ – A special trading session for offering bonds KZ2C00006864
(BRKZb19, KZT1,000; KZT130.0 bn; July 28, 2020 – July 28, 2025, 30/360) of the
Development Bank of Kazakhstan (Nur-Sultan) was held in KASE trading system today.
Below are parameters of the bid and results of the special trading session.
BID PARAMETERS:
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Number of participants: 9
Number of orders submitted (total / active) including: 23 / 15
– limit: 23 / 15
– market: 0
Volume of active orders*, mln tenge: 71,050.0
– limit: 71,050.0
– market: 0
Bid to ask, %: 142.1
Coupon rate on active orders submitted,
% of the face value (total / active):
– minimum 11.7000
– maximum 11.8000
– weighted average 11.7954 / 11.7942
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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 entire volume of active orders, the share of second-tier banks (STBs)
accounted for 57.8 %, broker dealers accounted for 6.3 %, other institutional
investors accounted for 34.6 %, other legal entities accounted for 1.3 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 50,000,000
Volume of orders executed, tenge: 50,000,000,000.0
Number of orders executed: 14
Number of participants whose 8
orders were executed:
Volume of orders executed, % of plan: 100.0
Coupon rate in orders executed, % of the face value: 11.8000
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According to Central Securities Depository (Almaty), all deals on this offering
and additional offering were fully executed by the end of settlements by trade
results. 68.0 % in terms of the raised volume, were purchased by second-tier
banks, 6.0 % – by broker-dealers, 24.8 % – by other institutional investors,
1.2 % – by other legal entities.
OFFERING TERMS:
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Trade date: July 28, 2020
Declared placement volume, KZT: 50,000,000,000
Lot size: 1
Trade subject: coupon rate
Purchase orders types: limit
Order submission method: closed
Order collection time: 10:30–12:30
Order confirmation time: 10:30–13:00
Striking time: 14:30 (Т+0)
Payment date and time: July 28, 2020, 14:30
Order cut-off method: orders are cut-off, whose
prices are equal to or
above the cut-off price
Order execution method: at cut-off price; by the time of acceptance 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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[2020-07-29]