Kazakhstan Sustainability Fund JSC raised KZT 9.6 billion on KASE on July 8 by placing KZ2C00007995 (KFUSb36) bonds with a weighted average yield to maturity of 14.76% per annum
/KASE, July 8, 2022/ – Today, the trading system of Kazakhstan Stock Exchange (KASE) held specialized trading sessions for the placement of bonds KZ2C00007995 (KFUSb36; 1,000 tenge, 30.0 billion tenge; June 17, 2022 – June 17, 2023; 30/360) of JSC "Kazakhstan Sustainability Fund" (Almaty). The following are the demand parameters and the results of specialized trades. DEMAND PARAMETERS:
---------------------------------------------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------- Number of participants: 4 Number of orders submitted (total / active), 8 / 8 including: – limited: 8 / 8 – market: 0 / 0 Volume of active orders*, million tenge, 12 575,9 including: – limited: 12 575,9 – market: 0,0 Demand to supply: 130,7 % "Net" price for submitted orders, % of nominal value (for all / active):
– minimum 95,6159 – maximum 95,6396 – weighted average 95,6299 Yield on submitted orders, % per annum (for all / active):
– minimum 14.7500 – maximum 14.7800 – weighted average 14.7623
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- * active orders – orders that have not been canceled by trading participants at the time of the expiration of the order submission period, including those confirmed by the participants of the Confirmation System.
In the total volume of active orders, the share of banks accounted for 68.8%, the share of broker-dealer organizations – 6.4%, the share of other institutional investors – 15.9%, the share of other legal entities – 8.7%, the share of individuals – 0.2 %.
PLACEMENT RESULTS:
------------------------------------------------------ --------------- Volume of satisfied orders, bonds: 10,000,000 Volume of satisfied orders, tenge: 9,618,825,260.8 Number of satisfied orders: 7 The number of participants whose orders are satisfied: 3 The volume of satisfied applications, % of the plan: 100.0 "Net" cut-off price, % of nominal value: 95.6317 "Net" price in satisfied orders, % of nominal value: – minimum 95.6317 – maximum 95.6396 – weighted average 95.6341 Yield at the cut-off price, % per annum: 14.7600 Yield of bonds to maturity for the buyer, % per annum: – minimum 14.7500 – maximum 14.7600 – weighted average 14.7570 ----------------------------------------------------------------------
According to the data of Central Securities Depository JSC (Almaty), transactions on this placement have been executed by the end of settlements based on the results of trading.
In the context of the main categories of investors, 60.0% of the placement was purchased by banks, 7.6% by broker-dealer organizations, 20.8% by other institutional investors, 11.4% by other legal entities, 0.2% by individuals.
TERMS OF PLACEMENT:
------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------
Trading date: July 8, 2022
Term to maturity: 339 days
Announced volume of placement, tenge: 10,000,000,000
Lot size, pcs.: 1
Subject of trading: net price
Type of purchase orders: limited
Order submission method: closed
Order acceptance time: 10:30–11:30
Order confirmation time: 10:30–11:30
Cut-off time: 12:00 (Т+0)
Date and time of payment: July 8, 2022, 12:00
The method of cut-off orders: orders and prices are cut off
which are equal to or below
the cut-off price
Method of satisfaction of limited
orders depending on the prices of orders: at the prices of limited counter orders equal to the price
cut-off 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 counte orders
Initiator of the trading session: JSC "Freedom Finance"
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
[2022-07-08]