Development Bank of Kazakhstan on June 6 raised KZT30.0 bn on KASE selling 7-year bonds KZP01Y07F510 (KZ2C00003911, BRKZb8) with yield to maturity of 10.50 % APR
06.06.17 17:47
/KASE, June 6, 2017/ – A special trading session to offer bonds KZP01Y07F510
(KZ2C00003911, KASE official list, Main Market, Bonds Category, BRKZb8,
KZT1,000, KZT30.0 bn; 7 years; 30/360) of Development
Bank of Kazakhstan (Astana) 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: 8
Number of orders submitted (total / active): 24 / 24
Volume of active orders*, mln tenge: 38,150.0
Bid to ask, %: 127.2
Coupon rate on orders submitted, % APR (all / active):
– minimum 10.0000
– maximum 11.0000
– weighted average 10.4549
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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.
OFFERING RESULTS:
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Volume of orders executed, bonds: 30,000,000
Volume of orders executed, tenge: 30,000,000,000.00
Number of orders executed: 12
Number of participants whose
orders were executed: 7
Volume of orders executed, % of plan: 100
Coupon rate in orders executed, % APR: 10.5000
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In the entire volume of active orders the second-tier banks (STBs) accounted for
24.9 %, other institutional investors – 62.9 %, brokerage firms – for 0.5 %,
clients of brokerage firms – for 11.7 %.
According to Central Securities Depository (Almaty), all deals on this offering
were executed by the end of settlements by trade results. 31.7 % of the total
volume of bonds were bought by STBs, 59.5 % – other institutional investors,
0.67 % – by brokerage companies, 8.17 % – by clients of brokerage firms.
OFFERING TERMS:
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Trade date: June 6, 2017
Declared volume at face value, mln tenge: 30,000.0
Lot size, pieces: 1
Trade subject: coupon rate
Purchase orders types: limit
Market order execution rate, %: 0
Order submission method: closed
Order acceptance period: 11:30–12:30
Order confirmation period: 11:30–13:00
Striking time: 14:30
Payment date and time: June 6, 2017 before 14:30 (Т+0)
Order execution method: at cut-off price; orders are
executed according to time
of acceptance of offset
orders by the Exchange
Order cut-off method: orders are cut-off, whose
prices are equal to or
above the cut-off price
Trades initiator: Kazkommerts Securities
(subsidiary organization of
Kazkommertsbank)
(Almaty)
Trading system sector: Debts_List_ST1
Trading system group: Q_Gov_ST1
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[2017-06-06]