Microfinance Organization OnlineKazFinance on October 12 raised $4.4 mln on KASE by placing bonds KZ2P00008790 (MFOKb6) at yield to maturity of 10.0 % APR

12.10.22 18:08
/KASE, October 12, 2022/ – A special trading session for the offering of bonds KZ2P00008790 (MFOKb6; $100, $5.0 mln; 08.09.22 – 08.03.23; 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: ------------------------------------------------------- ---------------------- Number of participants: 1 Number of participants' accounts: 147 Number of orders submitted (all / active ones), 148 / 148 incl.: – limit: 148 / 148 – market: 0 / 0 Volume of active orders*, mln US dollar: 4.4 incl.: – limit: 4.4 – market: 0.0 Volume of active orders, the equivalent in 2,093.7 mln tenge at the rate of the National Bank of the Republic of Kazakhstan: Bid to ask: 125.8 % "Clean" price on orders submitted, % 99.3069 APR (on all / active ones): Yield on orders submitted, % APR 10.0000 (on all / active ones): ------------------------------------------------------------------------------ * 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 4.0 %, the share of individuals – for 96.0 %. OFFERING RESULTS: ------------------------------------------------------- ---------------------- Volume of orders executed, bonds: 44,044 Volume of orders executed, US dollar: 4,408,190.7 Volume of active orders, the equivalent in 2,093,670,158.8 tenge at the rate of the National Bank of the Republic of Kazakhstan: Number of orders executed: 148 Number of participants, whose orders 1 were executed: Number of participants’ accounts 147 Volume of orders executed, % of plan: 125.8 "Clean" cut-off price, % of face value: 99.3069 "Clean" price in executed orders, % 99.3069 of face value: Yield at cut-off price, % APR: 10.0000 Yield of bonds to maturity for buyer, % APR: 10.0000 ------------------------------------------------------------------------------ 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: ------------------------------------------- ------------------------- Trade date: 12.10.22 Current maturity: 146 days Announced offering volume, US dollar: 3,500,000 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 --------------------------------------------------------------------- [2022-10-12]