Transtelecom on November 19 raised KZT15.0 bn on KASE by placing seven-year bonds KZ2C00006880 (TCOMb2) with yield to maturity of 13.00 % APR
19.11.21 19:02
/KASE, November 19, 2021/ – A special trading session for the offering of bonds
KZ2C00006880 (TCOMb2; KZT1,000, KZT18.0 bn; 19.11.21 – 19.11.28; 30/360)
of Transtelecom JSC (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: 4
Number of orders submitted (all / active ones), 10 / 10
incl.:
– limit: 10 / 10
– market: 0
Volume of active orders*, mln tenge, 15,018.0
– limit: 15,018.0
– market: 0
Bid to ask, %: 100.1 %
"Clean" price on orders submitted, % of 100.0000
the face value (on all /active ones):
Yield on orders submitted, % APR 13.0000
(on 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, brokerage and dealer organizations
accounted for 39.95 %, other institutional investors – for 33.3 %, and
other legal entities – for 26.75 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 15,000,000
Volume of orders executed, tenge: 15,000,000,000.0
Number of orders executed: 10
Number of participants, whose orders 4
were executed:
Volume of orders executed, % of plan: 100.0
"Clean" cut-off price, % of face value: 100.0000
"Clean" price in orders executed, % of 100.0000
face value:
Yield at cut-off price, % APR: 13.0000
Yield of bonds to maturity for buyer, % APR: 13.0000
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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, 39.9 % of
the total volume fell on broker-dealer organizations, 33.3 % - on other
institutional investors, 26.8 % - on other legal entities.
OFFERING TERMS:
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Trade date: November 19, 2021
Announced offering volume, tenge: 15,000,000,000
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limit
Order submission method: closed
Order collection period: 11:00–13:00
Order confirmation period: 11:00–13:00
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
depending on the prices of orders: equal to the cut-off 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: Freedom Finance JSC
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[2021-11-19]