Microfinance Organization OnlineKazFinance raised KZT1.8 bn on KASE through subscription by placing social bonds KZ2C00009769 (MFOKb11) with yield to maturity of 21.50 % per annum
/KASE, July 17, 2023/ – An initial offering of social bonds KZ2C00009769 (KASE
main market, category "bonds", MFOKb11; KZT1,000; KZT20.0 bn; 02.06.23 – 02.06.25;
floating monthly coupon, 21.11 % per annum for the current coupon period; 30/360)
of Microfinance Organization OnlineKazFinance JSC (Almaty) was conducted today
in KASE's trading system by way of subscription to them.
The underwriter of the mentioned bonds is Freedom Finance JSC (Almaty).
Bonds with a nominal volume of KZT1,000,000,000 were offered for placement.
During the subscription, only limit orders were accepted.
Subscription orders were collected on July 17, 2023 from 10:30 to 14:30 o'clock,
Two members of KASE took part in the trades (number of participants' accounts –
135). A total of 135 limit orders were submitted to the trading system in the
amount of KZT1,767.6 mln (with a nominal volume of KZT1,762.7 mln), which were
recognized as active as of the end of the order collection. The clean price in
the submitted active orders amounted to 99.3986 % of the nominal value (21.50 %
per annum). Demand exceeded supply 1.8 times.
The entire volume of active orders came from individuals.
As a result of the placement, all active orders were executed. A total of
1,762,662 bonds were placed for a total amount of KZT1,767,565,432.0. The clean
price was 99.3986 % of the face value (21.5000 % per annum).
According to the data of Central Securities Depository JSC (Almaty) deals
according to the results of the subscription for the indicated bonds by the
moment of publication of this information are settled, the subscription is