National Company Food Contract Corporation JSC raised 13.0 billion KZT on KASE on June 27 from placement of bonds KZ2C00011534 (PRKRb10) at 17.25% p.a
/KASE, June 27, 2024/ – Today, the trading system of Kazakhstan Stock Exchange (KASE) held specialized trading for placement of bonds KZ2C00011534 (KASE main platform, category “commercial bonds”, PRKRb10; 1.000 KZT, 57.9 billion KZT; 27.06. 24 – 27.06.25; 30/360) of National Company Food Contract Corporation JSC (Astana). Demand parameters and results of the specialized trading are set out below.
------------------------------------------------------------------------------ DEMAND PARAMETERS: ------------------------------------------------------------------------------ Number of participants: 2 Number of submitted orders (total / active) 2 / 2 including: – limit: 2 / 2 – market: 0 / 0 Volume of active orders*, mln KZT: 13.000.0 – limit: 13.000.0 – market: Demand to supply: 65.0 % Cutoff rate under submitted orders, 17.25 % p.a.: --------------------------------------------------------------------------------- * 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.
In the total volume of active orders, bank accounted for 76.9 %, other legal entities – for 23.1 %.
PLACEMENT RESULTS:
-------------------------------------------- ---------------- Volume of executed orders, bonds: 13,000,000 Volume of executed orders, KZT: 13,000,000,000.0 Number of executed orders: 2 Number of participants with executed orders: 2 Volume of executed orders, % of the target: 65.0 Coupon rate in executed orders, 17.25 % p.a.: -------------------------------------------------------------
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:
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Trading date: 27.06.24
Declared placement volume, KZT: 20,000,000,000
Lot size, pcs.: 1
Trading subject: coupon rate
Type of buy orders: limit
Order submission method: closed
Order acceptance time: 11:00–12:30
Order confirmation time: 11:00–13:00
Cutoff time: 15:00 (Т+0)
Payment date and time: 27.06.24, 15:00
Order cutoff method: orders are cut off when their prices are
equal to or higher than the cutoff price
Execution method of limit orders depending at uniform cutoff price
on order prices:
Execution method of limit orders depending by acceptance time of offset orders
on their submission order:
Trading initiator: Teniz Capital Investment Banking JSC
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[2024-06-27]