Kazakhstan Sustainability Fund on November 19 raised KZT10.0 bn on KASE by placing bonds KZ2C00008035 (KFUSb32) with weighted average yield to maturity of 10.15 % APR
/KASE, November 19, 2021/ – A special trading session for the offering of bonds KZ2C00008035 (KFUSb32; KZT1,000, KZT30.0 bn; 05.11.21 – 05.11.22; 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: 6
Number of orders submitted (all / active ones), 8 / 8
incl.:
– limit: 8 / 8
– market: 0
Volume of active orders*, mln tenge, 18,440.7
– limit: 18,440.7
– market: 0
Bid to ask, %: 184.8 %
"Clean" price on orders submitted, % of the face value (on all /active ones):
– minimum 99.3279
– maximum 99.4236
– weighted average 99.4062
Yield on orders submitted, % APR (on all /active ones):
– minimum 10.1400
– maximum 10.2500
– weighted average 10.1600
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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 92.0 %, broker-dealer
organizations – for 0.3 %, other institutional investors – for 5.3 %, individuals –
for 2.4 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 10,000,000
Volume of orders executed, tenge: 9,978,477,857.5
Number of orders executed: 3
Number of participants, whose orders 2
were executed:
Volume of orders executed, % of plan: 100.0
"Clean" cut-off price, % of face value: 99.4149
"Clean" price in orders executed, % of face value:
– minimum 99.4149
– maximum 99.4236
– weighted average 99.4153
Yield at cut-off price, % APR: 10.1500
Yield of bonds to maturity for buyer, % APR:
– minimum 10.1400
– maximum 10.1500
– weighted average 10.1495
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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 terms of the main categories of investors during this offer, 95.0 % of the total volume fell on banks, 0.5 % - on broker-dealer organizations, 4.5 % - on individuals.
OFFERING TERMS:
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Trade date: November 19, 2021
Current maturity: 346 days
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: 10:00–12:00
Order confirmation period: 10:00–12:00
Cut-off time: 14:30 (Т+0)
Payment date and time: November 19, 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
equal to the cut-off
depending on the prices of orders: price or those more
favorable for the seller
Limit order execution method by the time of acceptance
depending on the order of their submission: of offset orders
Trade initiator: BCC Invest JSC (Subsidiary
of Bank CenterCredit JSC)
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[2021-11-19]