Kazakhstan Sustainability Fund on March 5 raised KZT14.1 bn on KASE by placing ten-year bonds KZ2C00007334 (KFUSb11) with yield to maturity of 10.45 % APR
05.03.21 22:55
/KASE, March 5, 2021/ – A special trading session for the offering of bonds
KZ2C00007334 (KFUSb11, KZT1,000, KZT50.0 bn; 05.03.21 – 05.03.31, 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: 1
Number of orders submitted (all / active ones), 2 / 2
incl.:
– limit: 2 / 2
– market: 0
Volume of active orders*, mln tenge, 14,196.7
– limit: 14,196.7
– market: 0
Bid to ask, %: 150.6
"Clean" price on orders submitted, % 94.2738
of the face value:
Yield on orders submitted, % APR: 10.4500
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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, institutional investors accounted
for 66.8 %, other legal entities – for 33.2 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 15,000,000
Volume of orders executed, tenge: 14,141,070,000.0
Number of orders executed: 2
Number of participants, whose orders 1
were executed:
Volume of orders executed, % of plan: 150.0
"Clean" cut-off price, % of face value: 94.2738
"Clean" price on orders submitted, % 94.2738
of face value:
Yield at cut-off price, % APR: 10.4500
Yield on orders submitted, % APR: 10.4500
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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,
while 67.1 %, in terms of volume raised, were purchased by institutional
investors, 32.9 % – by other legal entities.
OFFERING TERMS:
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Trade date: March 5, 2021
Announced offering volume, tenge: 10,000,000,000
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limit
Order submission method: closed
Order collection period: 10:00–11:00
Order confirmation period: 10:00–11:00
Cut-off time: 12:00 (Т+0)
Payment date and time: March 5, 2021, 12:00
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: Freedom Finance
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[2021-03-05]