Kazakhstan Sustainability Fund raises KZT6.2 bn on KASE by placing bonds KZ2C00006948 (KFUSb2) with yield to maturity of 10.8800 % APR on November 6
/KASE, November 6, 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:
-------------------------------------------------------------------------------- Number of participants: 3 Number of orders submitted (all / active ones), 3 / 3 incl.: – limit: 3 / 3 – market: 0 Volume of active orders*, mln tenge: 9,763.9 – limit: 9,763.9 – market: 0 Bid to ask, %: 158.7 "Clean" price on active orders submitted, % of the face value (all / active ones): – minimum 96.1751 – maximum 96.1755 – weighted average 96.1752 Yield on active orders submitted, % APR (all / active ones): 10.8800 -------------------------------------------------------------------------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants.
The total volume of active orders came from second-tier banks. OFFERING RESULTS:
-------------------------------------------------------------------------------- Volume of orders executed, bonds: 6,302,000 Volume of orders executed, tenge: 6,153,221,079.8 Number of orders executed: 3 Number of participants, whose orders 3 were executed, %: Volume of orders executed, % of plan: 100.0 "Clean" price at cut-off price, %: 96.1751 "Clean" price in orders executed, %: – minimum 96.1751 – maximum 96.1755 – weighted average 96.1753 Yield at cut-off price, % APR: 10.8800 Yield of bonds to maturity for buyer, % APR 10.8800 --------------------------------------------------------------------------------
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: November 6, 2020
Term to maturity: 1.8 years (658 days)
Announced offering volume, tenge: 6,302,000,000
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: 13:00 (Т+0)
Payment date and time: November 6, 2020, 13:00
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
epending 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: Halyk Global Markets (a
subsidiary of Halyk Bank of
Kazakhstan)
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[2020-11-09]