Kazakhstan Sustainability Fund on September 11 raises KZT6.3 bn on KASE by placing bonds KZ2C00006955 (KFUSb3) with weighted average yield to maturity of 11.2414 % APR

11.09.20 19:05
/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: ------------------------------------------------------- ---------------------- 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 ------------------------------------------------------------------------------ * 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: ------------------------------------------------------- ---------------------- 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 ------------------------------------------------------------------------------ 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: ------------------------------------------- ------------------------------------ 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 -------------------------------------------------------------------------------- [2020-09-11]