Home Credit Bank on August 11 raised KZT5.8 bn on KASE by placing
bonds KZ2C00009918 (HCBNb10) at yield to maturity of 18.00 %APR
11.08.23 18:35
/KASE, August 11, 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), 11 / 11
incl.:
– limit: 11 / 11
– market: 0 / 0
Volume of active orders*, mln tenge, 5,841.3
incl.:
– limit: 5,841.3
– market: 0.0
Bid to ask: 100.2 %
"Clean" price on orders submitted, % of 96.6417
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.
In the total volume of active order, broker-dealer organizations accounted
for 8.3 %, other institutional investors – for 91.5 %, other legal entities –
for 33.2 %, individuals – for 0.2 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 6,012,932
Volume of orders executed, tenge: 5,841,314,903.5
Number of orders executed: 11
Number of participants, whose orders 1
were executed:
Volume of orders executed, % of plan: 100.2
"Clean" cut-off price, % of face value: 96.6417
"Clean" price in executed orders, % of face value: 96.6417
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.
In terms of the main categories of investors during placement, 8.3 % of the
total volume was bought out by broker-dealer organizations, 91.5 % -
by other institutional investors, 0.2 % - by individuals.
OFFERING TERMS:
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Trade date: 11.08.23
Announced offering volume, tenge: 10,000,000,000
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order type: limit
Order submission method: closed
Order collection time: 10:00–12:00
Order confirmation time: 10:00–12:00
Cut-off time: 14:30 (Т+0)
Payment date and time: 11.08.23, 14:30
Order cut-off method: orders are cut-off, whose
prices are equal to or
below the cut-off price
Limit order execution method at prices of limit offset
depending 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: BCC Invest JSC (Subsidiary
of Bank CenterCredit JSC)
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[2023-08-11]