The two-year bonds were placed at a yield to maturity of 22% per annum.
QAZAQ BITUM Processing placed KZT 5 billion worth of bonds on KASE. Demand was 11.4 times the amount offered.
Author: Робот Source: Kazakhstan Stock Exchange
QAZAQ BITUM Processing LLP raised KZT 5 billion by placing KZ2P00020753 (QBTMb1) bonds on the Kazakhstan Stock Exchange (KASE) on November 5. The bonds have a two-year term and a yield to maturity of 22% per annum, with coupons paid quarterly.
Active bids totalled KZT 11.1453 billion, 11.4 times the amount offered. Five participants took part in the auction, and 120 bids were accepted.
Individuals bought 66% of the placement, other legal entities 24%, and brokerage and dealing firms 10%.
KASE said the transactions were completed and fully settled by the end of settlement for the auction results.
Translated from Russian using artificial intelligence. Source: Kazakhstan Stock Exchange
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