Kazakhstan Sustainability Fund on September 16 raised KZT14.9 bn on KASE by placing bonds KZ2C00008688 (KFUSb38) with yield to maturity of 15.47 % APR
16.09.22 18:08
/KASE, September 16, 2022/ – A special trading session for the offering of
bonds KZ2C00008688 (KFUSb38; KZT1,000; KZT40.0 bn; 19.08.22 – 19.08.23;
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), 7 / 6
incl.:
– limit: 7 / 6
– market: 0 / 0
Volume of active orders*, mln tenge, 14,940.9
incl.:
– limit: 14,940.9
– market: 0.0
Bid to ask: 77.9 %
"Clean" price on orders submitted, % of the
face value (all / active ones):
– minimum 95.1382 / 95.1459
– maximum 95.1459
– weighted average 95.1449 / 95.1459
Yield on orders submitted, % APR
(all / active ones):
– minimum 15.4700
– maximum 15.4800 / 15.4700
– weighted average 15.4713 / 15.4700
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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 banks accounted for 78.9 %,
the share of broker-dealer organizations – for 1.3 %, the share of other
institutional investors – for 19.8 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 15,586,410
Volume of orders executed, tenge: 14,940,883,243.4
Number of orders executed: 6
Number of participants, whose orders 5
were executed:
Volume of orders executed, % of plan: 77.9
"Clean" cut-off price, % of the face value: 95.1459
"Clean" price in orders executed, % 95.1459
of the face value:
Yield at cut-off price, % APR: 15.4700
Yield of bonds to maturity for buyer, % APR: 15.4700
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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
full.
OFFERING TERMS:
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Trade date: 16.09.22
Current maturity: 333 days
Announced offering volume, tenge: 20,000,000,000
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: 16.09.22, 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 equal to the cut-off
depending on the prices of orders: price or those more
favorable for the seller
Limit order execution method depending by the time of acceptance
on the order of their submission: of offset orders
Trade initiator: BCC Invest JSC (Subsidiary
of Bank CenterCredit JSC)
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[2022-09-16]