"FinTechLab" microfinance organization on January 19 raised $1.0 mln on
KASE by placing bonds KZ2P00010465 (MFDFb2) at yield to maturity of
11.00 % APR
19.01.24 18:01
/KASE, January 19, 2024/ – A special trading session for the offering of bonds
KZ2P00010465 (KASE alternative market, category "bonds", MFDFb2; $100,
$7.0 mln; 19.01.24 – 19.01.26, 30/360) of "FinTechLab" microfinance
organization LLP (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), 2 / 2
incl.:
– limit: 2 / 2
– market: 0 / 0
Volume of active orders*, mln USD, 1.0
incl.:
– limit: 1.0
– market: 0.0
Volume of active orders, the equivalent in 466.1
mln tenge at the exchange rate of the
National Bank of the Republic of Kazakhstan:
Bid to ask, %: 100.6 %
"Clean" price on orders submitted, % of 100.0000
face value (on all / active ones):
Yield on orders submitted, % APR 11.0000
(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 total volume of active orders came from individuals.
OFFERING RESULTS:
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Volume of orders executed, bonds: 10,316
Volume of orders executed, USD: 1,031,600.0
Volume of active orders, the equivalent in 466,076,880.0
tenge at the exchange rate of the National
Bank of the Republic of Kazakhstan:
Number of orders executed: 2
Number of participants, whose orders 2
were executed:
Volume of orders executed, % of plan: 100.6
"Clean" cut-off price, % of face value: 100.0000
"Clean" price in executed orders, % 100.0000
of face value:
Yield at cut-off price, % APR: 11.0000
Yield of bonds to maturity for buyer, % APR: 11.0000
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According to the Central Securities Depository (Almaty), 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: 19.01.24
Announced offering volume, US dollar: 1,025,000
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order type: limit
Order submission method: closed
Order collection time: 11:00–12:30
Order confirmation time: 11:00–12:30
Cut-off time: 15:00 (Т+0)
Payment date and time: 19.01.24, 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 at the single
depending on the prices of orders: cut-off price
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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[2024-01-19]