Kazakhstan Housing Company on February 24 raised KZT14.3 bn on KASE by placing 5-year bonds KZ2C00006393 (KZIKb30) with yield to maturity of 11.00 % APR

24.02.21 19:08
/KASE, February 24, 2021/ – A special trading session for the offering of bonds KZ2C00006393 (KZIKb30; KZT1, KZT30.0 bn; 24.02.21 – 24.02.26, semi-annual coupon, 10.25 % APR; 30/360) of Kazakhstan Housing Company (Nur-Sultan) 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: 6 Number of orders submitted (all / active ones), 12 / 12 incl.: – limit: 12 / 12 – market: 0 Volume of active orders*, mln tenge, 14,262.8 – limit: 14,262.8 – market: 0 Bid to ask, %: 48.9 "Clean" price on orders submitted, % of the face value (all / active ones): – minimum 97.1734 – maximum 97.5444 – weighted average 97.2405 Yield on orders submitted, % APR (all / active ones): – minimum 10.9000 – maximum 11.0000 – weighted average 10.9819 ------------------------------------------------------------------------------ * 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 (STB) accounted for 40.9 %, brokers and dealers – for 28.2 %, other institutional investors – for 14.9 %, other legal entities – for 16.0 %. OFFERING RESULTS: ------------------------------------------------------ ----------------------- Volume of orders executed, bonds: 14,667,526,605 Volume of orders executed, tenge: 14,252,934,298.0 Number of orders executed: 12 Number of participants, whose orders 6 were executed: Volume of orders executed, % of plan: 48.9 Volume of orders executed, % of bid: 100.0 "Clean" cut-off price, % of the face value: 97.1734 "Clean" price in orders executed, %: 97.1734 Yield at cut-off price, % APR: 11.0000 Yield of bonds to maturity for buyer, % APR: 11.0000 ------------------------------------------------------------------------------ According to the Central Securities Depository (Almaty), deals on this offering by the end of settlements based on the results of the trades were executed in full. OFFERING TERMS: ------------------------------------------- ------------------------------------ Trade date: February 24, 2021 Declared offering volume, tenge: 30,000,000,000 Lot size, pieces: 1 Trade subject: "clean" price Purchase order types: limit Order submission method: closed Order collection time: 10:00–12:00 Order confirmation time: 10:00–12:00 Striking time: 13:00 (Т+0) Payment date and time: February 24, 2021, 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 at the single cut-off price depending on the prices of orders: 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: Halyk Global Markets (subsidiary of Halyk Savings Bank of Kazakhstan) -------------------------------------------------------------------------------- [2021-02-24]