Microfinance Organization OnlineKazFinance on June 17 raised $6.8 mln on KASE by placing bonds KZ2P00008584 (MFOKb4) at yield to maturity of 10.00 % APR
17.06.22 18:30
/KASE, June 17, 2022/ – A special trading session for the offering of bonds
KZ2P00008584 (MFOKb4; $100, $15.0 mln; 17.06.22 – 17.06.23; 30/360) of
Microfinance Organization OnlineKazFinance LLP (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: 1
Number of orders submitted (all / active ones), 248 / 247
incl:
– limit: 248 / 247
– market: 0 / 0
Volume of active orders*, mln US dollar: 6.8
– limit: 6.8
– market: 0.0
Volume of active orders, the equivalent in 3,013.5
mln tenge at the rate of the National Bank
of the Republic of Kazakhstan:
Bid to ask: 136.3 %
"Clean" price on orders submitted, % APR 100.0000
(on all / active ones):
Yield on orders submitted, % APR 10.0000
(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, the share of legal entities accounted
for 2.4 %, the share of individuals – 97.6 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 67,653
Volume of orders executed, US dollar: 6,765,300.0
Volume of active orders, the equivalent in 2,991,412,701.0
tenge at the rate of the National Bank
of the Republic of Kazakhstan:
Number of orders executed: 244
Number of participants, whose orders 1
were executed:
Number of participants’ accounts 244
Volume of orders executed, % of plan: 135.3
"Clean" cut-off price, % of face value: 100.0000
"Clean" price in executed orders, % 100.0000
of face value:
Yield at cut-off price, % APR: 10.0000
Yield of bonds to maturity for buyer, % APR: 10.0000
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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 full.
In the context of the main categories of investors in this offering, 2.4% of
the total volume fell on legal entities, 97.6% - on individuals.
OFFERING TERMS:
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Trade date: 17.06.22
Announced offering volume, US dollar: 5,000,000
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limit
Order submission method: closed
Order collection period: 10:30–14:30
Order confirmation period: 10:30–14:30
Cut-off time: 15:00 (Т+0)
Payment date and time: 17.06.22, 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 single cut-off price
depending on the prices of orders:
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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[2022-06-17]