Bank Bank RBK on December 13 raised KZT24.0 bn on KASE by placing bonds KZ2C00006021 (INBNb9) with weighted average yield to maturity of 10.85 % APR
/KASE, December 13, 2021/ – A special trading session for the offering of bonds KZ2C00006021 (INBNb9; KZT1,000, KZT100.0 bn; 11.12.20 – 11.12.30; 30/360) of Bank Bank RBK 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:
------------------------------------------------------ ----------------------- Number of participants: 1 Number of orders submitted (all / active ones), 2 / 2 incl.: – limit: 2 / 2 – market: 0 / 0 Volume of active orders*, mln tenge: 24,000.0 – limit: 24,000.0 – market: 0.0 Bid to ask, %: 100.0 % "Clean" price on orders submitted, % of the face value (on all /active ones): – minimum 94.5558 – maximum 105.8755 – weighted average 99.8962 Yield on orders submitted, % APR (on all /active ones): – minimum 9.8500 – maximum 11.8500 – weighted average 10.8500 ------------------------------------------------------------------------------ * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. OFFERING RESULTS: ------------------------------------------------------ ----------------------- Volume of orders executed, bonds: 24,010,451 Volume of orders executed, tenge: 23,999,999,254.5 Number of orders executed: 2 Number of participants, whose orders 1 were executed: Volume of orders executed, % of plan: 100.0 "Clean" cut-off price, % of face value: 94.5558 "Clean" price in orders executed, % of face value: – minimum 94.5558 – maximum 105.8755 – weighted average 99.8962 Yield at cut-off price, % APR: 11.8500 Yield of bonds to maturity for buyer, % APR (on all/active): – minimum 9.8500 – maximum 11.8500 – weighted average 10.8500 ------------------------------------------------------------------------------
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.
OFFERING TERMS:
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Trade date: December 13, 2021
Current maturity: 9.0 years (3,238 days)
Declared offering volume, tenge: 24,000,000,000
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limit
Order submission method: closed
Order collection period: 11:30–13:00
Order confirmation period: 11:30–13:00
Striking time: 15:00 (Т+0)
Payment date and time: December 13, 2021, 15:00
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
depending on the prices of orders: orders equal to 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: Centras Securities
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[2021-12-13]