/KASE, July 16, 14/ – Kazakhstan Stock Exchange (KASE) announces that a repeated
special trading session for offering of government mid-term treasury obligations
of Kazakhstan's Ministry of Finance (MEOKAM) will be held in KASE trading system
on July 23, 2014 on the following terms (Almaty time).
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Security type: MEOKAM-60
National identification number: KZK2KY050484
Issue order number: 48 / 60
KASE trade code: MOM060_0048
Nominal value, tenge: 1,000.00
Volume of bonds in circulation, pieces: 14,850,000
First circulation date: June 27, 2014
Last circulation date: June 26, 2019
Maturity date: June 27, 2019
Circulation term: 5 years (1,800 days)
Coupon rate: 6.20 % APR
Coupon payment date: June 27 and December 27 annually
Time base: 30 / 360
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Trade date: July 23, 2014
Term to redemption: 4.9 years (1,774 days)
Declared placement volume, mln tenge: 12,000,000
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: July 23, 2014
Payment time: before 15:00 (Т+0)
Order acceptance method: at striking price (rate)
Trading system sector: MEKAM_ST1
Trading system group: MEOKAM_060
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As the price an order must indicate the "net" (without taking into account the
interest accrued) price of the bond in percent of the face value with accuracy
within the fourth decimal. This value is the trade's 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 by primary dealers 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 are available on 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
[2014-07-16]