Kazakhstan Sustainability Fund on September 23 raised KZT9.1 bn on KASE by placing bonds KZ2C00007318 (KFUSb9) with yield to maturity of 15.70 % APR
23.09.22 17:59
/KASE, September 23, 2022/ – A special trading session for the offering of
bonds KZ2C00007318 (KFUSb9; KZT1,000; KZT100.0 bn; 22.01.21 – 22.01.26;
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: 1
Number of participant accounts: 6
Number of orders submitted (all / active ones), 6 / 6
incl.:
– limit: 6 / 6
– market: 0 / 0
Volume of active orders*, mln tenge, 10,000.0
incl.:
– limit: 10,000.0
– market: 0.0
Bid to ask: 109.9 %
"Clean" price on orders submitted, % of the 84.6523
face value (all / active ones):
Yield on orders submitted, % APR 15.7000
(all / active ones):
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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 broker-dealer organizations
accounted for 20.0 %, the share of other institutional investors – for 20.0 %,
the share of other legal entities – for 60.0 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 10,000,000
Volume of orders executed, tenge: 9,101,202,222.2
Number of orders executed: 6
Number of participants, whose orders 6
were executed:
Volume of orders executed, % of plan: 100.0
"Clean" cut-off price, % of the face value: 84.6523
"Clean" price in orders executed, % 84.6523
of the face value:
Yield at cut-off price, % APR: 15.7000
Yield of bonds to maturity for buyer, % APR: 15.7000
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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.
In terms of the main categories of investors during placement, 22.0 % were
bought out by brokerage and dealer organizations, 22.0 % - by other
institutional investors, 56.0 % - by other legal entities.
OFFERING TERMS:
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Trade date: 23.09.22
Current maturity: 3.3 years (1,199 days)
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: 10:30–11:30
Order confirmation period: 10:30–11:30
Cut-off time: 12:00 (Т+0)
Payment date and time: 23.09.22, 12:00
Order cut-off method: orders are cut-off, whose
prices are equal to or
below the cut-off price
Limit order execution method at prices of limit offset orders equal
depending on the prices of orders: to the cut-off 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: Freedom Finance
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[2022-09-23]