/KASE, March 20, 2023/ – A special trading session for the offering of bonds
KZ2D00009628 (EABRb40; $200.0 mln; 20.03.23 – 20.03.26; 30/360) of
Eurasian Development Bank 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.
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BID PARAMETERS:
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Number of participants: 3
Number of participants' accounts: 65
Number of orders submitted (all / active ones), 108 / 65
incl.:
– limit: 108 / 65
– market: 0
Volume of active orders*, mln USD: 81.9
– limit: 81,9
– market: 0
Volume of active orders, equivalent in tenge 37,725.8
at the rate of the National Bank of the
Republic of Kazakhstan:
Bid to ask, %: 109.2
Rate of coupon on orders submitted, % APR
(all / active ones):
– minimum 5.7100
– maximum 5.7200
– weighted average 5.7194
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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, banks accounted for 6.1%,
broker-dealer organizations – for 24.4%, other institutional investors –
for 26.3%, other legal entities – for 42.6%, individuals – for 0.6%.
OFFERING RESULTS:
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Volume of orders executed, bonds: 80,000,000
Volume of orders executed, US dollar: 80,000,000.0
Volume of executed orders, equivalent
in tenge at the rate of the National Bank 36,863,200,000.0
of the Republic of Kazakhstan:
Number of orders executed: 49
Number of participants, whose orders 3
were executed:
Number of participants' accounts: 49
Volume of orders executed, % of plan: 106.7
Rate of coupon in orders executed, % APR: 5.7200
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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.
In terms of the main categories of investors during placement, 6.2% of the
total volume was purchased by banks, 25.0% - by brokerage and dealer
organizations, 25.2% - by other institutional investors, 43.6% -
by other legal entities.
OFFERING TERMS:
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Trade date: 20.03.23
Announced offering volume, US dollar: 75,000,000
Lot size, pieces: 1
Trade subject: coupon rate
Purchase order types: limit
Order submission method: closed
Order collection period: 10:00–14:00
Order confirmation period: 10:00–14:30
Cut-off time: 15:00 (Т+0)
Payment date and time: 20.03.23, 15:00
Order cut-off method: orders are cut-off, whose
prices are equal to or
above the cut-off price
Limit order execution method depending at single cut-off price
on the prices of orders:
Limit order execution method depending by the time of acceptance
on the order of their submission: of offset orders
Trade initiator: Freedom Finance JSC
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Detailed information on the issue of these bonds is available at
https://kase.kz/en/bonds/show/EABRb40/
[2023-03-20]