/KASE, May 7, 12/ - Kazakhstan Stock Exchange (KASE) announces that a repeated special trading session to place government mid-term treasury obligations of Kazakhstan's Ministry of Finance (MEOKAM) was held in KASE trading system on May 7, 2012 on the terms as below (Almaty time).

ISSUE PARAMETERS:

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Security type:                                     МЕОКАМ-36
National identification number:                    KZK2KY030858
Issue order number:                                85 / 36
KASE trade code:                                   MOM036_0085
Nominal value, tenge:                              1,000.00
Volume of bonds in circulation, pieces:            8,245,000
Payment date:                                      May 7, 2012
First circulation date:                            March 6, 2012
Last circulation date:                             March 5, 2015
Maturity date:                                     March 6, 2015
Circulation term:                                  3 years (1,080 days)
Coupon payment periodicity:                        3.50 % APR
Upcoming coupon payment schedule:                1 September 6, 2012
                                                 2 March 6, 2013
                                                 3 September 6, 2013
                                                 4 March 6, 2014
                                                 5 September 6, 2014
                                                 6 March 6, 2015
Time base:                                         30 / 360
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PLACEMENT TERMS:

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Declared placement volume, pieces:                 10,000,000
Trade subject:                                     "net" 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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ASK PARAMETERS:

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Traders - primary dealers:                         11
Submitted orders (all / active):                   23 / 21
including:
- limited:                                         19 / 18
- market:                                          4 / 3
Active orders*, m tenge:                           23,253.5
including:
- limited:                                         19,662.4
- market:                                          3,591.1
Bid to ask, %:                                     233.0
"Net" price on orders submitted, % (all / active):
- minimum:                                         97.3656 / 97.3656
- maximum:                                         100.0233/ 100.0233
- weighted average:                                99.2537/ 99.2160
Yield on orders submitted, % APR:
- minimum:                                         3.49 / 3.49
- maximum:                                         4.50 / 4.50
- weighted average:                                3.7791 / 3.7933
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* Active orders - orders, not annulled by traders
  at the moment of order submission expiry, including those confirmed
  by Confirmation system members. 

PLACEMENT RESULTS:

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Volume of accepted orders, bonds:                  13,098,000
Volume of accepted orders, tenge:                  13,175,233,084.68
Number of accepted orders:                         10
Volume of accepted orders, % of plan:              131.0
"Net" price in accepted orders, %:                 99.9966
Yield of bonds to maturity for buyer, % APR:       3.5000
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In the total volume of active orders, pension market entities accounted for 34.3 %, Kazakh second-tier banks (STB) accounted for 62.2 %, STB clients - 1.7 %, clients of brokerage and dealer companies - 1.7 %.

According to Central Securities Depository (Almaty) all deals on placement of MEOKAM-36 of 85th issue by the end of trade settlement were executed. 39.6 % of all placed bonds were purchased by pension market entities, 54.5 % - by STBs, 3.9 % - by STB clients, 2.0 % - by clients of brokerage and dealer companies.

Taking into account the placement conducted earlier the full volume of placement of MEOKAM-36 of 85th issue (KZK2KY030858) made up 21,343,000 bonds to the total face value of KZT21,343,000,000.00.

MEOKAM sold by the Ministry of Finance shall automatically be admitted to KASE secondary market under the trade code as in the table. At that bills shall be quoted 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

[2012-05-07]