Microfinance Organization "KMF" placed bonds KZ2P00008550 (MFKMb2) for KZT10.0 bn

18.05.23 18:44
/KASE, May 18, 2023/ – Microfinance Organization "KMF" LLP (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated May 18, 2023: quote On May 16, 2023, Microfinance Organization "KMF" LLP (hereinafter – "KMF") successfully completed the initial placement of the second bond issue in a row in a nominal amount of 10 billion tenge and a period of 1 year. Halyk Finance JSC acted as financial consultant and underwriter of this placement. A wide range of Kazakh investors showed interest in the placement. A total of 74 orders were submitted during the trades on KASE, of which 70 were submitted by retail investors. The total aggregate market demand amounted to 10.1 billion tenge. The subject of the trade was the coupon interest rate, which, according to the results of the trades, made up 20 % per annum. In the total volume of orders received during the auction, insurance companies accounted for 65.4 %, brokerage companies – for 29.7 % and individuals – for 4.8 %. As a result of the placement, KMF raised 10 billion tenge. unquote The full version of the press release is available on – https://kase.kz/files/emitters/MFKM/mfkm_relizs_180523.pdf [2023-05-18]