/KASE, March 28, 14/ – Kazakhstan Stock Exchange (KASE) announces that a special
trading session system to offer government long-term savings treasury bonds of
Kazakhstan's Ministry of Finance (MEUJKAM) was held in KASE trading system on
March 28, 2014. Below are the main issue parameters, terms and results of the
offering (Almaty time).
ISSUE PARAMETERS:
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Security type: MEUJKAM-156
National identification number: KZKAKY130052
Issue order number: 5 / 156
KASE trade code: MUJ156_0005
Nominal value, tenge: 1,000.00
First circulation date: March 28, 2014
Last circulation date: March 27, 2027
Maturity date: March 28, 2027
Circulation term: 13 years (4,680 days)
Coupon payment periodicity: once a year*
Coupon payment schedule: 1 April 7, 2015
2 April 7, 2016
3 April 7, 2017
4 April 6, 2018
5 April 5, 2019
6 April 7, 2020
7 April 7, 2021
8 April 7, 2022
9 April 7, 2023
10 April 5, 2024
11 April 7, 2025
12 April 7, 2026
13 April 7, 2027
Time base: 30 / 360
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PLACEMENT TERMS:
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Trade date: March 28, 2014
Term to maturity: 13 years (4,680 days)
Declared placement volume, mln tenge: 25,000.0
Trade subject: fixed coupon
Special terms on trade subject: must not be lower
than or equal to zero
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 date: March 28, 2014
Payment time: before 15:00 (Т+0)
Order acceptance method at striking price (rate)
Trading system sector: MEKAM_ST_PF
Trading system group: MEUJKAM_156
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BID PARAMETERS:
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Number of participants: 1
Number of orders submitted (total / active): 2 / 2
including:
– limited: 2
– market: 0
Volume of active orders*, mln tenge: 40,000.0
including:
– limited: 40,000.0
– market: 0
Bid to ask, %: 190
Fixed coupon rate on confirmed orders, % APR: 0.3000
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* active orders – orders not annulled by trade participants at
expiry of order submission period including those
confirmed by Confirmation System participants.
An order was submitted by a pension market entity.
Kazakhstan's Ministry of Finance declared these special trades failed due to the
unsatisfactory price on orders submitted.
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
http://www.kase.kz/files/mix/newgko.pdf
The text of the Rules on placement of government treasury obligations of the
Republic of Kazakhstan is available on the KASE website at
http://www.kase.kz/files/normative_base/mekam_placement_eng.pdf
[2014-03-28]