Kazakhstan Sustainability Fund JSC raised 2.5 billion KZT on KASE on June 27 from placement of bonds KZ2C00010551 (KFUSb66) with a weighted average yield to maturity of 13.72% p.a.
/KASE, June 27, 2024/ – Today, the trading system of Kazakhstan Stock Exchange (KASE) held specialized trading for placement of bonds KZ2C00010551 (KASE main platform, category “commercial bonds”, KFUSb66; 1,000 KZT, 30.0 billion KZT; 01.03. 24 – 01.03.25; 30/360) of Kazakhstan Sustainability Fund JSC (Almaty). Below are the demand parameters and results of the specialized trading.
DEMAND PARAMETERS:
---------------------------------------------------------------------------------------------------- Number of participants: 4 Number of submitted orders (total / active), 8 / 6 including: – limit: 8 / 6 – market: 0 / 0 Volume of active orders*, mln KZT: 3,973.5 including: – limit: 3,973.5 – market: 0,0 Demand to supply: 160.6 % "Clean" price under submitted orders, % of the face value (under all / under active): – minimum 96.0656 / 99.0347 – maximum 99.2192 – average weighted 98.5866 / 99.0657 Yield under submitted orders, % p.a. (under all / under active):
– minimum 13.5000 – maximum 18.8200 / 13.8000 – average weighted 14.5393 / 13.7497
------------------------------------------------------------------------------------------------------- * active orders – orders that have not been canceled by trading participants at the time of expiry of the order submission period, including those confirmed by participants of the Confirmation System.
Institutional investors account for the entire volume of the active orders.
PLACEMENT RESULTS:
-------------------------------------------- --------------- Volume of executed orders, bonds: 2,400,000 Volume of executed orders, KZT: 2,474,692 691.4 Number of executed orders: 6 Number of participants with executed orders: 4 Volume of executed orders, % of the target: 100.0 "Clean" cutoff price, % of the face value: 99.0347 "Clean" price in executed orders, % of the face value: – minimum 99.0347 – maximum 99.2192 – average weighted 99.0844 Yield at cutoff price, % p.a.: 13.8000 Yield of bonds repayable for buyer, % p.a.: – minimum 13.5000 – maximum 13.8000 – average weighted 13.7192 ------------------------------------------------------------
According to data of Central Securities Depository JSC (Almaty), transactions under this placement by the time of completion of settlements based on the trading results were performed and executed in full.
OFFERING CONDITIONS:
---------------------------------------------------------------------------------------------
Trading date: 27.06.24
Maturity: 244 days
Declared placement volume, KZT: 2,400,000,000
Lot size, pcs.: 1
Trading subject: "clean" price
Type of buy orders: limit
Order submission method: Closed
Order acceptance time: 10:00–12:00
Order confirmation time: 10:00–12:00
Cutoff time: 14:30 (Т+0)
Payment date and time: 27.06.24, 14:30
Order cutoff method: orders are cut off when their prices are
equal to or lower than the cutoff price
Execution method of limit orders depending on at prices of limit offset orders equal to
order prices: the cutoff price or more favorable for
the seller
Execution method of limit orders depending on order
of their submission: by acceptance time of offset orders
Trading initiator: Subsidiary organization of Halyk Bank
of Kazakhstan Halyk Finance JSC
------------------------------------------------------------------------------------------------------------------
[2024-06-27]