Microfinance Organization OnlineKazFinance on October 12 raised KZT1.3 bn on KASE by placing bonds KZ2P00008782 (MFOKb5) at yield to maturity of 21.00 % APR
12.10.22 17:54
/KASE, October 12, 2022/ – A special trading session for the offering of bonds
KZ2P00008782 (MFOKb5; KZT1,000, KZT3.0 bn; 20.09.22 – 20.03.23; 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: 2
Number of participants' accounts: 115
Number of orders submitted (all / active ones), 116 / 115
incl.:
– limit: 116 / 115
– market: 0 / 0
Volume of active orders*, mln KZT: 1,330.4
incl.:
– limit: 1,330.4
– market: 0.0
Bid to ask: x2.7
"Clean" price on orders submitted, % APR 98.7515
(on all / active ones):
Yield on orders submitted, % APR 21.0000
(on 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 other legal entities
accounted for 0.7 %, the share of individuals – for 99.3 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 1,332,388
Volume of orders executed, KZT: 1,330,409,404.1
Number of orders executed: 115
Number of participants, whose orders 2
were executed:
Number of participants' accounts 115
Volume of orders executed, % of plan: 266.5
"Clean" cut-off price, % of face value: 98.7515
"Clean" price in executed orders, % 98.7515
of face value:
Yield at cut-off price, % APR: 21.0000
Yield of bonds to maturity for buyer, % APR: 21.0000
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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: 12.10.22
Current maturity: 158 days
Announced offering volume, tenge: 500,000,000
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limit
Order submission method: closed
Order collection period: 10:30–13:00
Order confirmation period: 10:30–13:00
Cut-off time: 13:30 (Т+0)
Payment date and time: 12.10.22, 13:30
Order cut-off method: orders are cut-off, whose
prices are equal to or
below the cut-off price
Limit order execution method at single cut-off price
depending on the prices of orders:
Limit order execution method by the time of acceptance
depending on the order of their submission: of offset orders
Trade initiator: Freedom Finance JSC
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[2022-10-12]