SevKazEnergo on November 30 raised KZT301 mln on KASE selling bonds KZ2C0Y01F426 (KZ2C00003846, SKENb2) with weighted average yield of 13.1663 % APR
/KASE, November 30, 2016/ – A special trading session for the offering of bonds KZ2C0Y01F426 (KZ2C00003846, KASE official list, "Commercial Bonds" sector, SKENb2; KZT100, KZT1.0 bn; November 20, 2016 – November 20, 2017; fixed semi-annual coupon 13.00 % APR; 30/360) of SevKazEnergo (Petropavlovsk) was held in KASE trading system today. Below are the bid parameters and results of the special trading session.
BID PARAMETERS:
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Number of participants: 2
Number of orders submitted (total / active): 2 / 2
including:
– limited: 2
– market: 0
Volume of active orders*, mln tenge: 300.7
Bid to ask, %: 30.0
"Net" price on orders submitted, % (all / active):
– minimum 99.5472
– maximum 99.9894
– weighted average 99.8419
Yield on orders submitted, % APR (all / active):
– minimum 13.0000
– maximum 13.5000
– weighted average 13.1663
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* active orders – orders not annulled by trade
participants at expiry of order submission
period including those,
confirmed by Confirmation System
participants.
In the entire volume of active orders the brokerage
firms accounted for 33.36 %, clients of brokerage
firms – for 66.64%.
According to Central Securities Depository (Almaty),
all deals on this buyback were executed by the end
of settlements by trade results.
OFFERING RESULTS:
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Volume of executed orders, bonds: 3,001,000
Volume of executed orders, tenge: 300,709,241.64
Number of orders executed: 2
Volume of executed orders, % of plan: 30
Cut-off price, % of the face value: 99.5472
Weighted average price on orders 99.8419
executed, % of the face value:
Weighted average yield to maturity for buyer, % APR: 13.1663
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OFFERING TERMS:
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Term to maturity: 350 days
Declared placement volume, mln tenge: 1,000.0
Trade subject: "net" price
Types of purchase orders: market and limited
Market order acceptance ratio, %: 20
Order submission method: closed
Order receipt time: 11:30–15:00
Order confirmation time: 11:30–15:30
Striking time: 16:00
Payment date and time: November 30, 2016 before 16:00 (Т+0)
Market order acceptance method: at weighted-average prices of
limited counter orders
equal to the cut-off price or
those being more favorable
for the seller
Limited order acceptance method: at prices of limited counter
orders equal to the cut-off
price or those being more
favorable for the seller
Order striking method: orders with prices equal
to or below the cut-off price
Trades initiator: Investment house
"Astana-Invest" JSC (Almaty)
Trading system sector: Debts_List_ST1
Trading system group: Com_bonds_ST1
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[2016-11-30]