On July 11, KASE holds specialized trading to place 3.0 million “green” bonds KZ2P00011364 (ACARb1) of A-cars LLP
/KASE, 05.07.24/ – Kazakhstan Stock Exchange (KASE) announces that on July 11, 2024, KASE trading system holds specialized trading to place “green” bonds KZ2P00011364 (alternative KASE platform, “bonds” category, ACARb1) of A- cars LLP (Almaty). Below are the terms and conditions for specialized trading (Astana time).
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Type of securities: "green" coupon bonds
ISIN: KZ2P00011364
KASE: ticker ACARb1
Face value, KZT: 1 000,00
Issue volume, KZT:
– registered: 3 000 000 000
– placed: –
Circulation start date: date of holding the first performed
trading to place bonds
Last circulation date: to be determined later
First circulation date: to be determined later
Maturity: 3 years (1,080 days)
Coupon rate: 19.50 % p.a.
Coupon payment frequency: twice a year
First coupon payment date: to be determined later
Time base: 30 / 360
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Trading date: 11.07.24
Declared placement volume, KZT: 3,000,000,000
Lot size, pcs.: 1
Trading subject: "clean" price
Type of buy orders: limited
Order submission method: closed
Order acceptance time: 10:00–11:00
Order confirmation time: 10:00–11:00
Cutoff time: 11:30 (Т+0)
Payment date and time: 11.07.24, 11:30
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 uniform cutoff price
order prices:
Execution method of limit orders depending on at acceptance time of offset orders
their submission method:
Trading initiator: Teniz Capital Investment Banking 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 par value of the security, accurate to the fourth decimal.
Number of bonds in pieces must be indicated 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.
Order volume 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 see more
Calculations are carried out by Central Securities Depository JSC in line with its set of rules. Buyer of securities has to ensure that money to pay for the securities it bought is available on its account with Central Securities Depository JSC by the time of payment set out in the table.
Applications for participation in trading can be submitted only by members of the KASE stock market. Other investors can apply through these entities. List of KASE stock market members is posted at see more
Regulation on methods of trading in trading and clearing systems is available at see more
More details about the issue of these bonds is posted at see more
[2024-07-05]