Kazakhstan Sustainability Fund on October 6 raised KZT3.0 bn on KASE by
placing bonds KZ2C00009389 (KFUSb51) at yield to maturity of 14.85 %
APR
06.10.23 18:03
/KASE, October 6, 2023/ – A special trading session for the offering of bonds
KZ2C00009389 (KASE main market, "commercial bonds" category, KFUSb51;
KZT1,000; KZT40.0 bn; 18.08.23 – 18.08.24; 30/360) of Kazakhstan
Sustainability Fund 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:
------------------------------------------------------ -----------------------
Number of participants: 4
Number of orders submitted (all / active ones), 13 / 9
incl.:
– limit: 13 / 9
– market: 0 / 0
Volume of active orders*, mln tenge, 13,682.5
incl.:
– limit: 13,682.5
– market: 0.0
Bid to ask: х13.7 times
"Clean" price on orders submitted, % of face value (on all / active ones):
– minimum 98.0371
– maximum 98.1123
– weighted average 98.0825 / 98.0876
Yield on orders submitted, % APR (on all / active ones):
– minimum 14.8500
– maximum 14.9500
– weighted average 14.8914 / 14.8852
------------------------------------------------------------------------------
* 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 orders, banks accounted for 84.7 %,
other institutional investors – for 15.3 %.
OFFERING RESULTS:
------------------------------------------------------ -----------------------
Volume of orders executed, bonds: 3,000,000
Volume of orders executed, KZT: 2,993,369,000.0
Number of orders executed: 1
Number of participants, whose orders 1
were executed:
Volume of orders executed, % of plan: 300.0
"Clean" cut-off price, % of face value: 98.1123
"Clean" price in executed orders, % 98.1123
of face value:
Yield at cut-off price, % APR: 14.8500
Yield of bonds to maturity for buyer, % APR: 14.8500
------------------------------------------------------------------------------
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.
During the offering, the entire volume was purchased by banks.
OFFERING TERMS:
-------------------------------------- ---------------------------
Trade date: 06.10.23
Current maturity: 312 days
Announced offering volume, tenge: 1,000,000,000
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: 06.10.23, 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: Subsidiary organization of
Halyk Bank of Kazakhstan
Halyk Finance JSC
------------------------------------------------------------------
[2023-10-06]