Kazakhstan Sustainability Fund raises KZT4.8 bn on KASE by placing bonds KZ2C00006948 (KFUSb2) with weighted average yield to maturity of 10.8969 % APR on October 2
/KASE, October 2, 2020/ – A special trading session for offering bonds KZ2C00006948 (KFUSb2, KZT1,000, KZT50.0 bn; September 4, 2020 – September 4, 2022, 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: 2
Number of orders submitted (all / active ones), 3 / 3
incl.:
– limit: 3 / 3
– market: 0
Volume of active orders*, mln tenge: 4,833.2
– limit: 4,833.2
– market: 0
Bid to ask, %: 100.0
"Clean" price on active orders submitted,
% of the face value (all / active ones):
– minimum 95.9980
– maximum 96.0141
– weighted average 96.0030
Yield on active orders submitted,
% APR (all / active ones):
– minimum 10.8900
– maximum 10.9000
– weighted average 10.8969
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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 60.0
%, broker-dealers accounted for 9.0 %, other legal institutions accounted for 31.0
%.
OFFERING RESULTS:
-------------------------------------------------------------------------------- Volume of orders executed, bonds: 5,000,000 Volume of orders executed, tenge: 4,833,205,266.6 Number of orders executed: 3 Number of participants, whose orders 2 were executed, %: Volume of orders executed, % of plan: 100.0 "Clean" price at cut-off price, %: 95.9980 "Clean" price in orders executed, %: – minimum 95.9980 – maximum 96.0141 – weighted average 96.0030 Yield at cut-off price, % APR: 10.9000 Yield of bonds to maturity for buyer, % APR – minimum 10.8900 – maximum 10.9000 – weighted average 10.8969 --------------------------------------------------------------------------------
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.
OFFERING TERMS:
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Trade date: October 2, 2020
Term to maturity: 1.9 years (692 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: 10:30–12:30
Order confirmation period: 10:30–12:30
Striking time: 14:30 (Т+0)
Payment date and time: October 2, 2020, 14:30
Order cut-off method: orders are cut-off,
whose prices are equal
to or below the cut-off
price
Limit order execution method
depending on the prices of orders: at prices of limit
offset orders equal to
the cut-off price or
those more favorable
for the seller
Limit order execution method
depending on the order of their submission: in accordance with
item 6 of Article 28
of the Methods of
conducting trades in
the ASTS+
Trade initiator: BCC Invest – subsidiary
of Bank CenterCredit
(Almaty)
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[2020-10-05]