Kazakhstan Sustainability Fund JSC raised KZT9.6 bn on KASE on July 4 through placement of bonds KZ2C00007995 (KFUSb36) with weighted average yield to maturity of 14.78% p.a.
/KASE, July 4, 2022/ – Today specialized trades on placement of bonds KZ2C00007995 (KFUSb36; KZT1,000, 30.0 bn.; 17.06.22 - 17.06.23; 30/360) of Kazakhstan Sustainability Fund JSC (Almaty) were held in the trade system of Kazakhstan Stock Exchange (KASE). Following are demand parameters and results of specialized trades.
DEMAND PARAMETERS:
------------------------------------------------------------------------------------------------------------ -------------------------------------------------------------------------- Number of participants: 2 Number of applications submitted (total / active), 3 / 2 Including: - limited: 3 / 2 - Market: 0 / 0 Volume of active orders*, million tenge, 10,562.8 including: - limited: 10,562.8 - market: 0.0 Demand to supply: 110.0 % "Net" price of orders submitted, % of face value (for all/active orders):
- minimum 95.5663 / 95.5743 - maximal 95.5982 – weighted average 95.5756 / 95.5765 Yield on orders submitted, % p.a. (for all/active orders): - minimum 14.7500 - maximum 14.7900 / 14.7800 - weighted average 14.7783 / 14.7773
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- * active orders - orders not cancelled by trading participnats at the time of expiry of the order submission period, including those confirmed by the Confirmation System participants.
Banks accounted for 90.9% of total active orders and other institutional investors for 9.1%.
PLACEMENT RESULTS:
--------------------------------------------------- --------------- Volume of satisfied orders, bonds: 10,000,000 Volume of satisfied orders, tenge: 9,602,530,111.1 Number of satisfied orders: 2 Number of participants whose orders were satisfied: 2 Volume of satisfied orders, % of plan: 100.0 "Net" cut-off price, % of face value: 95.5743 "Net" price in satisfied orders, % of face value: - minimum 95.5743 - maximum 95.5982 - weighted average 95.5767 Yield at cut-off price, % p.a.: 14.7800 Bond yield to maturity for the buyer, % p.a: - minimum 14.7500 - maximum 14.7800 - weighted average 14.7770 ------------------------------------------------------------------- According to data of Central depository of securities JSC (Almaty) deals on this offering by the moment of finishing of settlements by results of trades were executed. By main categories of investors, 90.0 % were purchased by banks, 10.0 % - by other institutional investors.
TERMS OF PLACEMENT:
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Trad date: July 4, 2022
Term to maturity: 343 days
Announced allotment volume, KZT: 10,000,000,000
Lot size, pcs: 1
Subject of bidding: "clean" price
Type of bids for purchase: Limited
Method of order: closed
Order acceptance time: 10:00–12:00
Time of acknowledgement of orders: 10:00–12:00
Cut-off time: 13:00 (Т+0)
Payment date and time: July 4, 2022, 13:00
Method of order cut-off: orders and prices are cut off
which are equal to or below the cut-off price
Method of satisfying limit orders
based on order prices: at the prices of limited counter orders equal to the price
clipping or being more profitable for the seller
Method of satisfaction of limited
orders depending on the order of their submission: by the time of receiving counter orders
Initiator of the trading session: JSC "First Heartland Securities"
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[2022-07-04]