/KASE, April 2, 14/ – Kazakhstan Stock Exchange (KASE) announces that a special
trading session to place government short-term treasury bonds of Kazakhstan's
Ministry of Finance (MEKKAM) was held in KASE trading system on April 2, 2014 on
the terms indicated below (discount bonds, Almaty time).
ISSUE PARAMETERS:
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Security type: MEKKAM-12
National identification number: KZK1KY011412
Issue order number: 141 / 12
KASE trade code: MKM012_0141
Nominal value, tenge: 100.00
First circulation date: April 2, 2014
Last circulation date: April 1, 2015
Maturity date: April 2, 2015
Circulation term: 365 days
Time base: actual / actual
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PLACEMENT TERMS:
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Trade date: April 2, 2014
Term to maturity: 365 days
Declared volume at face value, mln tenge: 12,000.0
Trade subject: price
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: April 2, 2014
Payment time: before 15:00 (Т+0)
Limited orders acceptance method: at submitted price
Market orders acceptance method: at weighted
average price
Trading system sector: MEKAM_ST1
Trading system group: MEKKAM_012
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BID PARAMETERS:
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Number of participants: 2
Number of orders submitted (total / active): 4 / 2
including:
– limited: 4 / 2
– market: 0
Volume of active orders*, mln tenge: 3,923.1
including:
– limited: 3,923.1
– market: 0
Bid to ask, %: 34
Price on orders submitted, % (total / active):
– minimum 96.1538
– maximum 96.1539
– weighted average 96.1539 / 96.1538
Yield on submitted orders, % APR (total / active):
– minimum 3.9999
– maximum 4.0001
– weighted average 4.0000 / 4.0000
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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.
In the total volume of active orders a bank accounted for 49.0 %, a bank
client – for 51.0 %.
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
[2014-04-02]