Bank Bank RBK raised KZT19.3 bn on KASE via subscription by placing bonds KZ2C00008852 (INBNb12) with weighted average yield to maturity of 18.25 % per annum

27.02.23 18:35
/KASE, February 27, 2023/ – On February 27, 2023, an initial offering of bonds KZ2C00008852 (KASE main market, category "bonds", INBNb12; KZT1,000, KZT40.0 bn; 15.12.22 – 15.12.32; half-year coupon, 17.50 % APR; 30/360) of Bank Bank RBK JSC (Almaty) through subscription to them was carried out in KASE's trading system. Centras Securities JSC (Almaty) acted as the seller during the subscription to these bonds. Bonds with a nominal volume of KZT19,276,455,000 were offered for placement. During the subscription, only limit orders were accepted. Orders for the subscription were accepted on February 27, 2023 from 11:30 to 13:00 o'clock, Astana time. Two members of KASE took part in the trades. A total of two limit orders were submitted to the trading system in the amount of KZT19,268.1 mln (nominal volume of KZT19,276.5 mln), which were recognized as active at the end of the order collection. The clean price in the submitted active orders was 90.3079 % and 103.4678 % of the nominal value (16.75 % per annum and 19.75 % per annum respectively), the weighted average clean price was 96.4566 % of the nominal value (18.25 % per annum) . Demand amounted to 100.0 % of supply. The entire volume of active orders fell on the share of institutional investors. As a result of the offering, both active orders were executed in full. A total of 19,276,455 bonds were placed for a total of KZT19,268,082,312.7. The weighted average clean price was 96.4566 % of the face value (18.25 % per annum). According to the data of Central Securities Depository JSC (Almaty) deals on the results of subscription for the indicated bonds by the moment of publication of this information are settled, the subscription is completed. [2023-02-27]