SPECIAL TRADING SESSION TO PLACE MEUJKAM-132 OF FIRST ISSUE (KZKAKY110013) DUE JANUARY 30 AT KASE
/KASE, January 26, 12/ - Kazakhstan Stock Exchange (KASE) announces that a repeated special trade will be held on January 30, 2012 in KASE trading system to place government long-term savings treasury bonds of Kazakhstan's Finance Ministry (MEUJKAM) on the terms as below (Almaty time).
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Security type: MEUJKAM-132
National identification number: KZKAKY110013
Issue order number: 1 / 132
KASE trade code: MUJ132_0001
Nominal value, tenge: 1,000.00
Volume of bonds in circulation, pieces: 5,000,000
Payment date: January 30, 2012
First circulation date: May 30, 2011
Last circulation date: May 29, 2022
Maturity date: May 30, 2022
Circulation term: 11 years (3,960 days)
Coupon rate: 0.01 % APR + inflation
Coupon payment periodicity: once a year*
Coupon payment schedule: 1 June 7, 2012
2 June 7, 2013
3 June 6, 2014
4 June 5, 2015
5 June 7, 2016
6 June 7, 2017
7 June 7, 2018
8 June 7, 2019
9 June 5, 2020
10 June 7, 2021
11 June 7, 2022
Time base: 30 / 360
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Declared placement volume, pieces: 12,000,000
Trade subject: "dirty" price of bonds
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 price
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* on the fifth business day of the month in each 12 full calendar months of
circulation.
Money invested in MEUJKAM is indexed through calculation of an indexed coupon, received from a sum of fixed coupon determined at the placement, and inflation rate for the elapsed coupon period.
As a price an order shall indicate the "dirty" (taking into account the interest accrued) price of the bond in per cent of the face value, expressed within the fourth decimal place. This is the trade subject.
MEUJKAM are government bonds, placed among Kazakhstan's pension funds. MEUJKAM shall circulate among such investors during the first half of circulation term. Then the bonds shall circulate freely.
Orders to special trade may only be submitted by members of KASE stock market members category (entitled to trade in government securities circulating on KASE), operating as primary dealers. Investors may submit orders through such legal entities. The full list of this category's members is available on the KASE website at see more
Primary dealers must by the time indicated in the table provide money available at the money account used for settlement on deals in securities in accordance with the rules of Central Securities Depository (Almaty), in the amount sufficient for payment of acquired treasury obligations (based on assumption that all orders submitted by primary dealers and accepted by KASE are subject to acceptance).
Rules on Issue, Placement, Circulation, Service and Maturity of Government Treasury Obligations of the Republic of Kazakhstan are available on the KASE website at see more
Rules on Placement of Government Treasury Obligations of the Republic of Kazakhstan are available on the KASE website at see more
Regulations on Trading Methods are available on the KASE website at see more
[2012-01-26]