Institutional investors bought the entire three-year issue.
Microfinance organization Shinhan Finance placed KZT 10 billion in three-year bonds on KASE on November 5, with a 16.15% annual coupon. Demand exceeded supply by 10%.
Author: Робот Source: Kazakhstan Stock Exchange
Microfinance organization Shinhan Finance placed KZT 10 billion in bonds on the Kazakhstan Stock Exchange (KASE) on November 5. The bonds have a three-year maturity and a 16.15% annual coupon rate.
Active bids totalled KZT 11 billion, or 110% of the offered amount. Four participants took part in the auction.
The placement covered 10 million bonds. Six bids from three participants were accepted, and institutional investors bought the entire issue.
KASE said the transactions had been fully settled by the end of the settlement period. Halyk Finance JSC acted as the underwriter.
Translated from Russian using artificial intelligence. Source: Kazakhstan Stock Exchange
Tribuna.kz as an app
An icon on your screen, opens faster.
iPhone and iPad (Safari)
