National company Food contract corporation on June 16 raised KZT2.9 bn on KASE by placing bonds KZ2C00008506 (PRKRb8) with yield to maturity of 16.90 % APR

16.06.22 18:00
/KASE, June 16, 2022/ – A special trading session for the offering of bonds KZ2C00008506 (PRKRb8; KZT1,000, KZT40.0 bn; 07.04.22 – 07.04.25; 30/360) of National company Food contract corporation JSC (Nur-Sultan) 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: 3 Number of orders submitted (all / active ones), 8 / 7 incl.: – limit: 8 / 7 – market: 0 / 0 Volume of active orders*, mln tenge: 3,001.4 incl.: – limit: 3,001.4 – market: 0.0 Bid to ask: 102.0 % "Clean" price on orders submitted, % of face 96.8944 value (all / active ones): Yield on orders submitted, % APR 16.9000 (all / active ones): -------------------------------------------------------------------------------- * 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, the share of broker-dealer organizations accounted for 86.6 %, the share of other institutional investors – for 3.3 %, the share of other legal entities – for 10.0 %. OFFERING RESULTS: --------------------------------------------------------------- ---------------- Volume of orders executed, bonds: 2,946,298 Volume of orders executed, tenge: 2,942,327,372.4 Number of orders executed: 7 Number of participants, whose orders 3 were executed: Volume of executed orders, % of plan: 100.0 "Clean" cut-off price, % of face value: 96.8944 "Clean" price in orders executed, % of face value: 96.8944 Yield at cut-off price, % APR: 16.9000 Yield of bonds to maturity for buyer, % APR: 16.9000 -------------------------------------------------------------------------------- According to the Central Securities Depository (Almaty), the 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 in this offering, 86.4 % of the total volume fell on broker-dealer organizations, 3.4 % - on other institutional investors and 10.2 % - on other legal entities. OFFERING TERMS: -------------------------------------- ------------------------- Trade date: June 16, 2022 Current maturity: 2.8 years (1,011 days) Declared offering volume, tenge: 2,946,298,000 Lot size, pieces: 1 Trade subject: "clean" price Purchase order types: limit Order submission method: closed Order collection period: 10:30–11:30 Order confirmation period: 10:30–11:30 Cut-off time: 12:30 (Т+0) Payment date and time: June 16, 2022, 12:30 Order cut-off method: orders are cut-off, whose prices are equal to or below the cut-off price Limit order execution method at single cut-off price depending on the prices of orders: Limit order execution method depending by the time of acceptance on the order of their submission: of offset orders Trade initiator: Freedom Finance JSC ---------------------------------------------------------------- [2022-06-16]