Kazakhstan Sustainability Fund on July 15 raised KZT9.5 bn on KASE by placing bonds KZ2C00008670 (KFUSb37) with yield to maturity of 14.73 % APR
15.07.22 18:52
/KASE, July 15, 2022/ – A special trading session for the offering of bonds
KZ2C00008670 (KFUSb37; KZT1,000; KZT40.0 bn; 15.07.22 – 15.07.23; 30/360) of
Kazakhstan Sustainability Fund JSC (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: 5
Number of orders submitted (all / active ones), 6 / 5
incl.:
– limit: 6 / 5
– market: 0 / 0
Volume of active orders*, mln tenge, 12,399.9
incl.:
– limit: 12,399.9
– market: 0.0
Bid to ask: 130.1 %
"Clean" price on orders submitted, % of the face value
(all / active ones):
– minimum 94.3966
– maximum 95.4415
– weighted average 95.2809
Yield on orders submitted, % APR (all / active ones):
– minimum 14.7300
– maximum 16.0000
– weighted average 14.9234
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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, banks accounted for 97.6 %,
and other institutional investors – for 2.4 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 10,000,000
Volume of orders executed, tenge: 9,544,150,000.0
Number of orders executed: 3
Number of participants, whose orders 2
were executed:
Volume of orders executed, % of plan: 100.0
"Clean" cut-off price, % of the face value: 95.4415
"Clean" price in orders executed, % 95.4415
of the face value:
Yield at cut-off price, % APR: 14.7300
Yield of bonds to maturity for buyer, % APR: 14.7300
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According to the Central Securities Depository (Almaty), 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 during the offering,
96.9 % were bought out by banks, 3.1 % - by other institutional investors.
OFFERING TERMS:
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Trade date: July 15, 2022
Announced offering volume, tenge: 10,000,000,000
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limit
Order submission method: closed
Order collection period: 10:00–12:00
Order confirmation period: 10:00–12:00
Cut-off time: 14:30 (Т+0)
Payment date and time: July 15, 2022, 14:30
Order cut-off method: orders are cut-off, whose
prices are equal to or
below the cut-off price
Limit order execution method at prices of limit offset orders
depending on the prices of 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: BCC Invest JSC (Subsidiary
of Bank CenterCredit JSC)
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[2022-07-15]