"Otbasy bank" house construction savings bank on July 24 raised KZT100.0 bn by placing five-year social bonds KZ2C00011658 (JSBNb2) on KASE at 14.25 % APR

24.07.24 17:59
/KASE, July 24, 2024/ – A special trading session for offering of social bonds KZ2C00011658 (KASE main market, "bonds" category, JSBNb2; KZT1,000, KZT100.0 bn; 24.07.24 – 24.07.29; 30/360) of "Otbasy bank" house construction savings bank JSC (Almaty) was held in the trading system of Kazakhstan Stock Exchange (KASE) today on the following terms (Astana time). OFFERING TERMS -------------------------------------- ------------------------- Trade date: 24.07.24 Declared offering volume, tenge: 100,000,000,000 Lot size, pieces: 1 Trade subject: coupon rate Purchase order type: limit Order submission method: closed Order collection period: 10:00–12:00 Order confirmation time: 10:00–12:30 Cut-off time: 14:30 (Т+0) Payment date and time: 24.07.24, 14:30 Order cut-off method: orders are cut-off, whose prices are equal to or above the cut-off price Limit order execution method depending at the single cut-off on the prices of orders: price Limit order execution method depending by the time of acceptance on the order of their submission: of offset orders Trade initiator: "Otbasy bank" house construction savings bank JSC ---------------------------------------------------------------- From 15:30 to 16:00 o'clock, Astana time, a special trading session for additional offering of the mentioned bonds was held in KASE's trading system on the terms below. ADDITIONAL OFFERING TERMS: --------------------------------------------------------------------- Trade date: 24.07.24 Declared additional offering volume, tenge: 30,000,000,000 Lot size, pieces: 1 Trade subject: coupon rate Purchase order type: limit Order submission method: closed Order collection period: 15:00–15:30 Order confirmation time: 15:00–15:30 Cut-off time: 16:00 (Т+0) Payment date and time: 24.07.24, 16:00 Order cut-off method: orders are cut-off, whose prices are equal to or above the cut-off price Limit order execution method depending at the single cut-off on the prices of orders: price Limit order execution method depending by the time of acceptance on the order of their submission: of offset orders Trade initiator: "Otbasy bank" house construction savings bank JSC --------------------------------------------------------------------- ------------------------------------------------------------ BID PARAMETERS AT OFFERING: ------------------------------------------ ----------------- Number of participants: 6 Number of orders submitted (all / active): 17 / 12 including: – limit: 17 / 12 – market: 0 / 0 Volume of active orders*, mln tenge: 70,000.0 including: – limit: 70,000.0 – market: 0.0 Bid to ask: 70.0 % Rate of coupon on orders submitted, % of face value (on all / on active ones): – minimum 14.0000 / 14.2000 – maximum 14.2500 – weighted average 14.2357 / 14.2464 ------------------------------------------------------------ * 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 69.2 %, brokers and dealers – for 1.9 %, other institutional investors – for 28.9 %. --------------------------------------------------------------------------------- BID PARAMETERS AT ADDITIONAL OFFERING: --------------------------------------------------------------------------------- Number of participants: 1 Number of orders submitted (all / active): 1 / 1 Volume of active orders*, mln tenge: 30,000.0 Bid to ask: 100.0 % --------------------------------------------------------------------------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. The total volume of active orders came from institutional investors. OFFERING RESULTS TAKING INTO ACCOUNT ADDITIONAL OFFERING: ----------------------------------------------------------------------------------------- Volume of orders executed, bonds: 100,000,000 Volume of orders executed, tenge: 100,000,000,000.0 Number of orders executed: 13 Number of participants, whose orders were executed: 7 Volume of executed orders, % of plan: 100.0 Volume of executed orders, % of the bid: 100.0 Rate of coupon in orders executed, % APR: 14.2500 -------------------------------------------------------------------------------------------- According to data from Central Securities Depository JSC (Almaty), transactions for this placement were completed by the time settlements were completed based on the trading results. In terms of the main categories of investors, during the placement, 48.4 % of the total volume was purchased by banks, 1.4 % – by broker-dealer organizations, 50.2 % – by other institutional investors. More detailed information on the issue of these bonds is published at https://kase.kz/en/bonds/show/JSBNb2/ [2024-07-24]