Home Credit Bank on July 31 raised KZT2.9 bn on KASE by placing bonds
KZ2C00009918 (HCBNb10) at yield to maturity of 18.00 %
31.07.23 17:50
/KASE, July 31, 2023/ – A special trading session for the offering of bonds
KZ2C00009918 (HCBNb10; KZT1,000; KZT20.0 bn; 31.07.23 – 31.07.26; semi-
annual coupon, 16.50 % APR, 30/360) of Home Credit Bank JSC (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:
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Number of participants: 1
Number of orders submitted (all / active ones), 1 / 1
incl.:
– limit: 1 / 1
– market: 0 / 0
Volume of active orders*, mln tenge, 2,899.1
incl.:
– limit: 2,899.1
– market: 0.0
Bid to ask: 100.0 %
"Clean" price on orders submitted, % of 96.6356
face value (on all / active ones):
Yield on orders submitted, % of face 18.0000
value (on all / active ones):
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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.
The entire volume of active orders came from banks.
OFFERING RESULTS:
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Volume of orders executed, bonds: 3,000,000
Volume of orders executed, tenge: 2,899,068,000.0
Number of orders executed: 1
Number of participants, whose orders 1
were executed:
Volume of orders executed, % of plan: 100.0
"Clean" cut-off price, % of face value: 96.6356
"Clean" price in executed orders, % of face value: 96.6356
Yield at cut-off price, % APR: 18.0000
Yield of bonds to maturity for buyer, % APR: 18.0000
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According to the Central Securities Depository (Almaty), the deal on this
offering by the end of settlements based on the results of the trades
was executed in full.
OFFERING TERMS:
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Trade date: 31.07.23
Declared offering volume, tenge: 3,000,000,000
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order type: limit
Order submission method: closed
Order collection period: 11:00–12:00
Order confirmation time: 11:00–12:00
Cut-off time: 13:00 (Т+0)
Payment date and time: 31.07.23, 13:00
Order cut-off method: orders are cut-off, whose
prices are equal to or
below the cut-off price
Limit order execution method depending at prices of limit offset
on the prices of orders: orders equal to the cut-off
price or those more
favorable for the seller
Limit order execution method depending by the time of acceptance
on the order of their submission: of offset orders
Trade initiator: ForteFinance JSC
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[2023-07-31]