/KASE, 05.07.24/ – As reported earlier, today trading system of Kazakhstan
Stock Exchange (KASE) holds specialized trading to place bonds
KZ2P00011398 (alternative KASE platform, category “bonds”, MFRFb13) of
Microfinance Organization LLP "R-Finance" (Astana). Below are the terms and
conditions for the specialized trading (Astana time).
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Type of securities: coupon bonds
ISIN: KZ2P00011398
KASE ticker: MFRFb13
Face value, KZT: 1,000.00
Volume of issue, KZT:
– registered: 4,000,000,000
– placed: –
First circulation date: date of holding the first performed
trading to place bonds
Last circulation date: to be determined later
Redemption start date: to be determined later
Maturity: 3 years (1,080 days)
Coupon rate: 22.00 % p.a.
Coupon payment frequency: monthly
Coupon payment start dates: to be determined later
Time base: 30 / 360
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Trading date: 05.07.24
Declared placement volume, KZT: 1,000,000,000
Lot size, pcs.: 1
Trading subject: "clean" price
Type of buy orders: limit
Order submission method: closed
Order acceptance time: 10:00–13:00
Order confirmation time: 10:00–13:00
Cutoff time: 15:00 (Т+0)
Payment date and time: 05.07.24, 15:00
Order cutoff method: orders are cut off where 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
seller
Execution method of limit orders depending on at acceptance time of offset orders
their submission order:
Trading initiator: First Heartland Jusan Invest JSC
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Price in the order must be set out as a “clean” price of the bonds (ignoring the
accumulated interest), expressed as a percentage of the face value of the
security, accurate to the fourth decimal.
Number of bonds in pieces must be set out in the order as the number of
financial instruments. Quantity of the financial instrument in the order must be
equal to or a multiple of the lot size.
Volume of the order must be set out as a product of the number of bonds
specified in the order and the “dirty” price of one bond (given the accumulated
interest).
Transaction volume is calculated subject to chapter 4 of the Methodology for
calculation of bond yields and bond transaction amounts posted at
https://kase.kz/files/normative_base/bond_yield.pdf
Calculations are carried out by Central Securities Depository JSC in line with
its set of rules. Buyer of securities has to ensure that money for payment for
the securities it bought is available on its account with Central Securities
Depository JSC by the payment time set out in the table.
Only members of the KASE stock market can submit orders for participation in
trading. Other investors can apply through these entities. The list of KASE
stock market members is available at
https://kase.kz/ru/membership
Regulation on trading methods in trading and clearing systems is posted at
https://kase.kz/files/normative_base/methods_ASTS.pdf
Detailed information about the issue of these bonds is available at
https://kase.kz/ru/bonds/show/MFRFb13/
[2024-07-05]