KazAgroFinance places seven-year bonds KZ2C00007862 (KAFIb11) on KASE with yield to maturity of 11.90 % APR and raises KZT40.0 bn on August 20
/KASE, August 20, 2021/ – A special trading session for the offering of bonds KZ2C00007862 (KAFIb11; KZT1,000, KZT40.0 bn; 20.08.21 – 20.08.28; 30/360) of KazAgroFinance JSC (Nur-Sultan) was held on the trading system of Kazakhstan Stock Exchange (KASE) today. Below are the bid parameters and special trading session results.
BID PARAMETERS:
----------------------------------------------------------- -------------------- Number of participants: 6 Number of orders submitted (all / active ones), 13 / 13 incl.: – limit: 13 / 13 – market: 0 Volume of active orders*, mln tenge, 40,447.8 – limit: 40,447.8 – market: 0 Bid to ask: 101.1 % "Clean" price on orders submitted, % of the face 100.0000 value (on all /active ones): Yield on orders submitted, % APR 11.9000 (on all /active ones): -------------------------------------------------------------------------------- * 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 12.4%, broker-dealer organizations – 29.7 %, other institutional investors 15.5 %, other legal entities – 42.3 %, individuals – 0.1 %.
OFFERING RESULTS:
-------------------------------------------------- ---------------- Volume of orders executed, bonds: 40,000,000 Volume of orders executed, tenge: 40,000,000,000.0 Number of orders executed: 13 Number of participants, whose orders 6 were executed: Volume of orders executed, % of plan: 100.0 "Clean" price in orders executed, % of face value: 100.0000 Yield of bonds to maturity for buyer, % APR 11.9000 -------------------------------------------------------------------
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, with 12.5 % being purchased by second-tier banks (STB), 30.0 % - broker-dealer organizations, 15.8 % - other institutional investors, 41.6 % other legal entities, 0.1% - individuals.
OFFERING TERMS:
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Trade date: 20.08.21
Announced offering volume, tenge: 40,000,000,000
Lot size, pieces: 1
Trade subject: clean price
Purchase order types: limit
Order submission method: closed
Order collection period: 10:00–13:00
Order confirmation period: 10:00–13:00
Striking time: 14:00 (Т+0)
Payment date and time: 20.08.21, 14:00
Order cut-off method: orders are cut-off, whose
prices are equal to or
below the cut-off price
Method of execution of limit orders depending at single cut-off price
on orders' prices:
Method of execution of limit orders depending in accordance with item 6
on the sequence of their submission: of article 28 of the Regulations
on methods of trading
in the TCSs
Trade initiator: Freedom Finance JSC
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[2021-08-20]