Eurasian Development Bank on November 9 raised KZT4.9 bn on KASE by placing bonds KZ2D00008141 (EABRb23) with weighted average yield to maturity of 9.83 % APR

09.11.21 18:06
/KASE, November 9, 2021/ – A special trading session for the offering of discount bonds KZ2D00008141 (EABRb23; KZT1,000, KZT5.0 bn; 09.11.21 – 08.02.22; actual/365) of Eurasian Development Bank 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), 9 / 8 incl.: – limit: 9 / 8 – market: 0 Volume of active orders*, mln tenge, 13,000.7 – limit: 13,000.7 – market: 0 Bid to ask, %: х 2.7 times Discounted price on orders submitted, % of the face value (on all /active ones): – minimum 97.5817 – maximum 97.6174 – weighted average 97.5994 / 97.5989 Yield on orders submitted, % APR (on all /active ones): – minimum 9.7900 – maximum 9.9400 – weighted average 9.8656 / 9.8675 ------------------------------------------------------------------------------ * 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, banks accounted for 60.1 %, other institutional investors – for 15.2 %, and other legal entities – for 24.7 %. OFFERING RESULTS: ------------------------------------------------------ ----------------------- Volume of orders executed, bonds: 5,000,000 Volume of orders executed, tenge: 4,880,438,306.5 Number of orders executed: 4 Number of participants, whose orders 3 were executed: Volume of orders executed, % of plan: 100.0 Discounted cut-off price, % of face value: 97.6031 Discounted price in orders executed, %: – minimum 97.6031 – maximum 97.6174 – weighted average 97.6088 Yield at cut-off price, % APR: 9.8500 Yield of bonds to maturity for buyer, % APR: – minimum 9.7900 – maximum 9.8500 – weighted average 9.8263 ------------------------------------------------------------------------------ According to the Central Securities Depository (Almaty), the deal on this offering by the end of settlements based on the results of the trades was executed in full. In terms of the main categories of investors, during the offering 34.1 % fell on banks, 65.9 % - on other legal entities. OFFERING TERMS: ------------------------------------------- ------------------------------------ Trade date: November 9, 2021 Announced offering volume, tenge: 5,000,000,000 Lot size, pieces: 1 Trade subject: discounted price Purchase order types: limit Order submission method: closed Order collection period: 10:00–14:00 Order confirmation period: 10:00–14:00 Cut-off time: 14:30 (Т+0) Payment date and time: November 9, 2021, 14:30 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 TCSs Trade initiator: Eurasian Development Bank -------------------------------------------------------------------------------- [2021-11-09]