Special trading session for offering of 200,000 bonds KZ2P00008568 (MFRFb3) of Microfinance Organization "R-Finance" is held on KASE today
/KASE, June 9, 2022/ – As announced earlier, a special trading session for offering of bonds KZ2P00008568 (KASE alternative market, category "commercial bonds", MFRFb3) of Microfinance Organization "R-Finance" LLP (Nur-Sultan) is held in the trading system of Kazakhstan Stock Exchange (KASE) today on the following terms (Nur-Sultan time).
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Security type: coupon bonds
ISIN: KZ2P00008568
KASE ticker: MFRFb3
Face value, tenge: 1,000.00
Issue volume, tenge:
– registered: 1,000,000,000
– outstanding: –
Circulation start date: date of first successful
trades on bond offering
Last circulation day: will be determined later
Redemption start date: will be determined later
Maturity: 3 years (1,080 days)
Coupon rate: 25.00 % APR
Coupon payment periodicity: monthly
Coupon payment start dates: will be determined later
Time base: 30 / 360
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Trade date: June 9, 2022
Declared offering volume, tenge: 200,000,000
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
Cut-off time: 15:00 (Т+0)
Payment date and time: June 9, 2022, 15:00
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
depending on the prices of orders: 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: First Heartland Jusan
Invest JSC
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As the price an order must indicate the bonds' "clean" price (without taking into account the accrued interest) expressed in percentage of the security's face value with accuracy of up to the fourth decimal place.
The number of financial instruments in an order must be indicated as the number of bonds in pieces. The number of financial instruments in an order must be equal to or be a multiple of the lot size.
As the volume an order must quote the product of the bonds' number, indicated in the order, and the "dirty" price of one bond (including interest accrued).
The deal volume is calculated in compliance with Chapter 4 of the Methodology of Bonds Yield Calculation and Amounts of Deals in Bonds available at see more
Settlements will be made by the Central Securities Depository in compliance with its rules. The buyer of securities must ensure the availability of money payable for securities bought at the correspondent account in the Central Securities Depository by the payment time indicated in the table.
Only KASE stock market members may submit orders for participation in the trades. Other investors can submit orders through those legal entities. The list of KASE stock market members is available at see more
The Regulations on Methods of Trading in the Trading and Clearing Systems are available at – see more
Details of the mentioned bond issue are available at see more
[2022-06-09]