/KASE, July 22, 10/ - Kazakhstan Stock Exchange (KASE) informed a special trade was held in the KASE trading system to place government mid- term treasury obligations of the Kazakhstan Finance Ministry (MEOKAM) July 22, 2010 on the terms as below (Almaty time).

ISSUE PARAMETERS:

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Security type:                      MEOKAM-48
National identification number:     KZK2KY040444
Issue order number:                 44 / 48
KASE trade code:                    MOM048_0044
Face value, tenge:                  1,000.00
Payment date:                       July 22, 10
First circulation date:             July 22, 10
Last circulation date:              July 21, 14
Maturity date:                      July 22, 14
Circulation term:                   4 years (1,440 days)
Coupon payment period:              twice a year
Coupon payment schedule:          1 January 22, 11
                                  2 July 22, 11
                                  3 January 22, 12
                                  4 July 22, 12
                                  5 January 22, 13
                                  6 July 22, 13
                                  7 January 22, 14
                                  8 July 22, 14
Time base:                          30 / 360
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PLACEMENT TERMS:
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Declared placement volume, m tenge: 13,000.0
Trade subject:                      coupon rate
Market order acceptance ratio, %:   70
Order submission method:            closed
Order receipt time:                 09:00-11:00
Order confirmation time:            09:00-11:30 (Т+0)
Striking time:                      before 15:00 (Т+0)
Payment time:                       before 15:00 (Т+0)
Order acceptance method:            at striking rate (price)
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ASK PARAMETERS:
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Traders - primary dealers:          16
Submitted orders (total / active):  36 / 32
including:
- limit:                            29 / 25
- market:                           7 / 7
Active orders*, m tenge:            28,698.0
including:
- limit:                            22,258.0
- market:                           6,440.0
Ask to bid, %:                      220.8
Coupon rate on submitted orders, % APR (total / active):
- minimum:                          3.30 / 3.30
- maximum:                          6.00 / 6.00
- weighted average:                 5.4111 / 5.4376
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* active orders - orders, annulled by traders as at expiry 
of order submission, including that confirmed by Confirmation 
System members.

PLACEMENT RESULTS:

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Accepted orders, bonds:             10,558,000
Accepted orders, % of plan:         81.2
Coupon rate, % APR:                 4.50
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Pension market entities constituted for 9.6 % of orders, Kazakhstan second-tier banks (STB) - 81.5 %, brokerage and dealer companies - 2.8 %, their clients - 6.1 %.

According to Central Securities Depository (Almaty) all deals on placement of MEOKAM-48 of the 44th issue by the end of settlements on trades were executed. From placed bonds 16.8 % were bought by pension market entities, 65.3 % - STB, 1.9 % brokerage and dealer companies clients, 16.0 % - their clients.

MEOKAM sold by the Ministry of Finance shall automatically be admitted to circulation on the KASE secondary market under the trade code indicated in the table. At that bonds must be quoted in the KASE trading system in net prices.

The text of the Rules on issue, placement, circulation, service and maturity of government treasury obligations of the Republic of Kazakhstan is available on the KASE website at see more

The text of the Rules on placement of government treasury obligations of the Republic of Kazakhstan is available on the KASE website at see more

[2010-07-22]