Microfinance Organization OnlineKazFinance on March 18 raised KZT$2.2 mln on KASE via subscription by placing three-year bonds KZ2C00010825 (MFOKb19)

18.03.24 18:00
/KASE, March 18, 2024/ – An initial offering of bonds KZ2C00010825 (KASE main market, "bonds" category, MFOKb19; $100, $50.0 mln; 18.03.24 – 18.03.27; monthly coupon, 10.00 % APR; 30/360) of Microfinance Organization OnlineKazFinance JSC (Almaty) by way of subscription to them was held in KASE's trading system today. Below are parameters of the bid and results of the subscription. BCC Invest JSC (Subsidiary of Bank CenterCredit JSC) (Almaty) acted as the seller during the subscription to these bonds. BID PARAMETERS: ------------------------------------------------------- ---------------------- Number of participants: 1 Number of participants' accounts: 14 Number of orders submitted (all / active ones), 14 / 14 incl.: – limit: 14 / 14 – market: 0 / 0 Volume of active orders*, mln US dollars: 2.2 incl.: – limit: 2.2 – market: 0.0 Volume of active orders, equivalent in million 1,002.3 tenge at the rate of the National Bank of the Republic of Kazakhstan: Bid to ask: 95.5 % "Dirty" price on orders submitted, US dollar 97.4500 (on all / active ones): ------------------------------------------------------------------------------ * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. OFFERING RESULTS: ------------------------------------------------------- ---------------------- Volume of orders executed, bonds: 22,928 Volume of orders executed, US dollar: 2,234,333.6 Volume of executed orders, equivalent in tenge 1,002,277,366.3 at the rate of the National Bank of the Republic of Kazakhstan: Number of orders executed: 14 Number of participants, whose orders 1 were executed: Number of participants' accounts: 14 Volume of orders executed, % of plan: 95.5 "Dirty" price in executed orders, US dollar: 97.4500 ------------------------------------------------------------------------------ According to the Central Securities Depository (Almaty), the deals based on the results of the subscription for the specified bonds, by the time of publication of this information were settled, the subscription was completed. OFFERING TERMS: ------------------------------------ --------------- Subscription date: 18.03.24 Nominal placement volume, US dollar: 2,400,000 Type of purchase order: limit Order collection time: 10:00–13:00 Date and time of transactions: 18.03.24, 14:30 Date and time of settlements: 18.03.24, 14:30 ---------------------------------------------------- [2024-03-18]