Microfinance Organization OnlineKazFinance on September 7 raised $3.9 mln on KASE by placing bonds KZ2P00008584 (MFOKb4) at yield to maturity of 10.0 % APR
07.09.22 18:13
/KASE, September 7, 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: 3
Number of participants' accounts: 153
Number of orders submitted (all / active ones), 153 / 153
incl.:
– limit: 153 / 153
– market: 0 / 0
Volume of active orders*, mln US dollar: 3.9
incl.:
– limit: 3.9
– market: 0.0
Volume of active orders, the equivalent in 1,832.6
mln tenge at the rate of the National Bank
of the Republic of Kazakhstan:
Bid to ask: 189.7 %
"Clean" price on orders submitted, % APR (on all / active ones):
– minimum 100.0000
– maximum 100.7404
– weighted average 100.0095
Yield on orders submitted, % APR (on all / active ones):
– minimum 9.0000
– maximum 10.0000
– weighted average 9.9871
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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 0.6 %, the share of individuals – for 99.4 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 37,940
Volume of orders executed, US dollar: 3,878,311.1
Volume of active orders, the equivalent in 1,832,385,650.0
tenge at the rate of the National Bank
of the Republic of Kazakhstan:
Number of orders executed: 153
Number of participants, whose orders 3
were executed:
Number of participants’ accounts 153
Volume of orders executed, % of plan: 189.7
"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.
OFFERING TERMS:
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Trade date: 07.09.22
Current maturity: 280 days
Announced offering volume, US dollar: 2,000,000
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: 07.09.22, 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 depending by the time of acceptance
on the order of their submission: of offset orders
Trade initiator: Freedom Finance JSC
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[2022-09-07]