Home Credit Bank on August 4 raised KZT6.0 bn on KASE by placing
bonds KZ2C00009892 (HCBNb9) at weighted average yield to maturity of
18.00 %
04.08.23 18:48
/KASE, August 4, 2023/ – A special trading session for the offering of bonds
KZ2C00009892 (KASE main market, "bonds" category, HCBNb9; KZT1,000;
KZT20.0 bn; 04.08.23 – 04.08.25; 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: 2
Number of orders submitted (all / active ones), 9 / 9
incl.:
– limit: 9 / 9
– market: 0 / 0
Volume of active orders*, mln tenge, 6,022.0
incl.:
– limit: 6,022.0
– market: 0.0
Bid to ask: 102.9 %
"Clean" price on orders submitted, % of
face value (on all / active ones):
– minimum 97.5702
– maximum 97.5861
– weighted average 97.5702
Yield on orders submitted, % of face
value (on all / active ones):
– minimum 17.9900
– maximum 18.0000
– weighted average 18.0000
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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 order, broker-dealer organizations accounted
for 3.7 %, other institutional investors – for 62.9 %, other legal entities –
for 33.2 %, individuals – for 0.2 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 6,171,968
Volume of orders executed, tenge: 6,022,002,336.4
Number of orders executed: 9
Number of participants, whose orders 2
were executed:
Volume of orders executed, % of plan: 102.9
"Clean" cut-off price, % of face value: 97.5702
"Clean" price in executed orders, % of face value:
– minimum 97.5702
– maximum 97.5861
– weighted average 97.5702
Yield at cut-off price, % APR: 18.0000
Yield of bonds to maturity for buyer, % APR:
– minimum 17.9900
– maximum 18.0000
– weighted average 18.0000
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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.
OFFERING TERMS:
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Trade date: 04.08.23
Announced offering volume, tenge: 6,000,000,000
Lot size, pcs.: 1
Trade subject: "clean" price
Purchase order type: limit
Order submission method: closed
Order collection period: 11:00–12:30
Order confirmation time: 11:00–12:30
Cut-off time: 15:00 (Т+0)
Payment date and time: 04.08.23, 15:00
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: Centras Securities JSC
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[2023-08-04]