/KASE, April 18, 14/ – As was announced earlier, a repeated special trading
session for offering of government long-term treasury bonds of Kazakhstan
Ministry of Finance (MEUKAM) will be held in KASE trading system on
April 23, 2014 on the terms below (Almaty time).
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Security type: MEUKAM-192
National identification number: KZKDKY160023
Issue order number: 2 / 192
KASE trade code: MUM192_0002
Nominal value, tenge: 1,000.00
Volume of bonds in circulation, pieces: 14,048,000
First circulation date: April 18, 12
Last circulation date: April 17, 28
Maturity date: April 18, 28
Circulation term: 16 years (5,760 days)
Coupon rate: 5.00 % APR
Coupon payment periodicity: once a year
Coupon payment date: April 18 annually
Time base: 30 / 360
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Trade date: April 23, 14
Term to maturity: 13.3 years (4,795 days)
Declared offering volume, units: 28,000,000
Trade subject: "net" 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 23, 14
Payment time: before 15.00 (Т+0)
Order acceptance method: at cut-off price
Trading system sector: MEKAM_ST1
Trading system group: MEUKAM_192
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As the price an order will indicate the bond "net" price (excluding interest
accrued) expressed as percentage of the face value accurate within the
fourth decimal. This is the trade subject.
Trade participants 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 set of rules of the Central Securities Depository (Almaty),
in the amount sufficient to pay for acquired treasury bonds (based on the
assumption that all orders submitted and received by KASE are subject to
acceptance).
At full or partial satisfaction of orders submitted, the payment of the
respective amount must be carried in accordance with the Rules on placement of
government treasury obligations of the Republic of Kazakhstan. The text of the
said Rules is available at
http://www.kase.kz/files/normative_base/mekam_placement_eng.pdf
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 Regulations on methods of trading is available on the KASE website at
http://www.kase.kz/files/normative_base/methods_eng.pdf
KASE reminds that according to Resolution # 61 of the Management Board of
the National Bank of the Republic of Kazakhstan dated February 24, 2012 "On
Making Changes and Additions to resolution # 170 of the Agency of the
Republic of Kazakhstan on Regulation and Supervision of Financial Market and
Financial Organizations (FSA) dated October 29, 2008 "On Approval of the
Rules of Execution of Activities of Organizers of Trading in Securities and
Other Financial Instruments", from July 15, 2012 orders for participation in
special trade for initial offering of government securities of the Republic
of Kazakhstan may only be submitted by members of KASE stock market -
second-tier banks, accumulative pension funds or institutions carrying
out investment management of pension assets. Second-tier banks can
carry out transactions on behalf and at the account and in interest of
clients who are second-tier banks, accumulative pension funds,
insurance organizations holding a license for "life insurance" activities
or organizations carrying out investment management of pension assets.
Organizations carrying out investment management of pension assets
take part in trading only at the account and in interest of an accumulative
pension fund.
The text of the Rules of Execution of Activities of Organizers of Trading in
Securities and Other Financial Instruments is published on KASE website, at
http://www.kase.kz/files/normative_base/post_170.pdf
[2014-04-18]