Eurasian Development Bank on April 16 raised KZT4.4 bn on KASE by
placing bonds KZ2D00011012 (EABRb51) at yield of 13.00 % APR
16.04.24 18:18
/KASE, April 16, 2024/ – A special trading session for the offering of discount
bonds KZ2D00011012 (sector "securities of international financial
organizations"; EABRb51; KZT1,000, KZT50.0 bn; 16.04.24 – 15.04.25,
actual/365) of Eurasian Development Bank 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: 3
Number of orders submitted (all / active ones), 4 / 4
incl.:
– limit: 4 / 4
– market: 0 / 0
Volume of active orders*, mln tenge, 8,948.4
incl.:
– limit: 8,948.4
– market: 0.0
Bid to ask: х2.0 times
Discounted price on orders submitted, % of
face value (on all / active ones):
– minimum 88.4454
– maximum 88.5235
– weighted average 88.4849
Yield on orders submitted, % APR (on all / active ones):
– minimum 13.0000
– maximum 13.1000
– weighted average 13.0494
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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 orders, banks accounted for 98.9 %, brokers and
dealers – for 1.1 %.
OFFERING RESULTS:
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Volume of orders executed, bonds: 5,000,000
Volume of orders executed, tenge: 4,426,175,000.0
Number of orders executed: 3
Number of participants, whose orders 2
were executed:
Volume of orders executed, % of plan: 100.0
Discounted cut-off price, % of face value: 88.5235
Discounted price in executed orders, % 88.5235
of face value:
Yield at cut-off price, % APR: 13.0000
Bonds' yield to maturity for the buyer, % APR: 13.0000
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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.
In terms of the main categories of investors, during the placement, 97.7 %
of the total volume was purchased by banks, 2.3 % – by brokers and dealers.
OFFERING TERMS:
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Trade date: 16.04.24
Announced offering volume, tenge: 5,000,000,000
Lot size, pieces: 1
Trade subject: discounted 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: 14:00 (Т+0)
Payment date and time: 16.04.24, 14:00
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: Eurasian Development Bank
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[2024-04-16]