Industrial Development Fund on November 12 raised KZT50.0 bn on KASE by placing seven-year bonds KZ2C00008217 (IDFRb4) at 12.40 % APR
12.11.21 19:32
/KASE, November 12, 2021/ – A special trading session for the offering of bonds
KZ2C00008217 (IDFRb4; KZT1,000, KZT50.0 bn; 12.11.21 – 12.11.28; 30/360)
of Industrial Development 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: 3
Number of orders submitted (all / active ones), 11 / 11
incl.:
– limit: 11 / 11
– market: 0
Volume of active orders*, US dollar: 54,350.0
– limit: 54,350.0
– market: 0
Bid to ask, %: 108.7
Rate of coupon on submitted orders, 12.4000
% APR (all / active ones):
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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, banks accounted for 73.6 %,
brokerage and dealer organizations – 11.0 %, and other institutional
investors – 15.4 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 50,000,000
Volume of orders executed, tenge: 50,000,000,000.0
Number of orders executed: 11
Number of participants, whose orders 3
were executed:
Volume of orders executed, % of plan: 100.0
Rate of coupon in executed orders, % APR: 12.4000
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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 in full.
In terms of the main categories of investors during this offering, 71.3%
of the total volume fell on banks, 12.0% - on broker-dealer organizations,
16.7% - on the share of other institutional investors.
OFFERING TERMS:
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Trade date: November 12, 2021
Announced offering volume, tenge: 50,000,000,000
Lot size, pieces: 1
Trade subject: coupon rate
Purchase order types: limit
Order submission method: closed
Order collection period: 10:00–12:00
Order confirmation period: 10:00–12:30
Cut-off time: 15:00 (Т+0)
Payment date and time: November 12, 2021, 15:00
Order cut-off method: orders are cut-off, whose
prices are equal to or
above the cut-off price
Limit order execution method at single cut-off price
depending on the prices of orders:
Limit order execution method by the time of acceptance
depending on the order of their submission: of offset orders
Trade initiator: Subsidiary organization of
Halyk Bank of Kazakhstan
Halyk Finance
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[2021-11-12]