Kazakhstan Sustainability Fund on June 18 raised KZT9.9 bn on KASE by placing bonds KZ2C00007516 (KFUSb18) with yield to maturity of 9.94 % APR

18.06.21 19:22
/KASE, June 18, 2021/ – A special trading session for the offering of bonds KZ2C00007516 (KFUSb18, KZT1,000, KZT10.0 bn; 18.06.21 – 18.06.23, 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: 7 Number of orders submitted (all / active ones), 19 / 16 incl.: – limit: 19 / 16 – market: 0 Volume of active orders*, mln tenge, 34,948.3 – limit: 34,948.3 – market: 0 Bid to ask, %: Х 3.5 times "Clean" price on orders submitted, % of the face value (on all /active ones): – minimum 98.7027 – maximum 99.2357 – weighted average 99.1034 / 99.0926 Yield on orders submitted, % APR (on all /active ones): – minimum 9.9400 – maximum 10.2500 – weighted average 10.0167 / 10.0230 -------------------------------------------------------------------------------- * 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, the share of second-tier banks (STB) accounted for 71.1 %, the share of broker-dealer organizations – for 9.5 %, the share of other institutional investors – for 4.3 %, the share of other legal entities – for 15.1 %. OFFERING RESULTS: -------------------------------------------------------- ----------------------- Volume of orders executed, bonds: 10,000,000 Volume of orders executed, tenge: 9,923,570,000.0 Number of orders executed: 8 Number of participants, whose orders 2 were executed: Volume of orders executed, % of plan: 100.0 "Clean" cut-off price, % of face value: 99.2357 "Clean" price in orders executed, % of face value: 99.2357 Yield at cut-off price, % APR: 9.9400 Yield of bonds to maturity for buyer, % APR 9.9400 -------------------------------------------------------------------------------- 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, with 31.6 %, in terms of the volume of borrowings, purchased by broker-dealer organizations, 15.1 % - by other institutional investors, 53.3 % - by other legal entities. OFFERING TERMS: ------------------------------------------- ------------------------------------ Trade date: June 18, 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: June 18, 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 JSC -------------------------------------------------------------------------------- [2021-06-18]