/KASE, September 11, 2020/ – A special trading session for offering of bonds KZ2C00006955 (KFUSb3, KZT1,000, KZT30.0 bn; 11.09.20–11.09.25, 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:                                 5
Number of orders submitted (all / active ones),         10 / 10
incl.:
– limit:                                                10 / 10
– market:                                               0
Volume of active orders*, mln tenge:                    12,775.8
– limit:                                                12,775.8
– market:                                               0
Bid to ask, %:                                          203.1
"Clean" price on active orders submitted, % of
the face value (all / active ones):
– minimum                                               89.7973
– maximum                                               90.7603
– weighted average                                      89.8627
Yield on active orders submitted, % APR
(all / active ones):
– minimum                                               11.0000
– maximum                                               11.2800
– weighted average                                      11.2608
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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 during the offering second-tier banks
(STBs) accounted for 42.2 %, brokers and dealers – for 21.1 %, other
institutional investors – for 32.8 %, other legal entities – for 3.9 %.

OFFERING RESULTS:

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Volume of orders executed, bonds:                       7,000,000
Volume of orders executed, tenge:                       6,295,029,111.0
Number of orders executed:                              7
Number of participants, whose orders                    4
were executed:
Volume of orders executed, % of plan:                   100.0
"Clean" cut-off price, %:                               89.8315
"Clean" price in orders executed, %:
– minimum                                               89.8315
– maximum                                               90.7603
– weighted average                                      89.9290
Yield at cut-off price, % APR:                          11.2700
Yield of bonds to maturity for buyer, % APR:
– minimum                                               11.0000
– maximum                                               11.2700
– weighted average                                      11.2414
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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. 82.5 %, in terms of the raised volume, were purchased by second-tier banks, 9.5 % – by other institutional investors, 8.0 % – by other legal entities.

OFFERING TERMS:

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Trade date:                                 September 11, 2020
Announced offering volume, tenge:           7,000,000,000
Lot size, pieces:                           1
Trade subject:                              "clean" price
Purchase order types:                       limit
Order submission method:                    closed
Order collection period:                    10:00–12:00
Order confirmation period:                  10:00–12:00
Striking time:                              14:00 (Т+0)
Payment date:                               September 11, 2020, 14:00
Order cut-off method:                       orders are cut-off, whose
                                            prices are equal to or
                                            below the cut-off price
Limit order execution method                at prices of limit offset orders
depending on the prices of orders:          equal to the cut-off price or
                                            those more favorable for
                                            the seller
Limit order execution method                in accordance with
depending on the order of their submission: item 6 of Article 28 of the
                                            Regulations on the
                                            Methods of Conducting
                                            Trades in TCS ASTS+
Trade initiator:                            Subsidiary Organization of
                                            Halyk Bank of Kazakhstan Halyk Finance
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[2020-09-11]