/KASE, July 23, 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 July 23, 2014
on the terms indicated below (discount bonds, Almaty time).
ISSUE PARAMETERS:
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Security type: MEKKAM-12
National identification number: KZK1KY010125
Issue order number: 143 / 12
KASE trade code: MKM012_0143
Nominal value, tenge: 100.00
First circulation date: July 23, 2014
Last circulation date: July 22, 2015
Maturity date: July 23, 2015
Circulation term: 365 days
Time base: actual / actual
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PLACEMENT TERMS:
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Trade date: July 23, 2014
Term to maturity: 365 days
Declared volume at face value, mln tenge: 5,000.0
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: July 23, 2014
Payment time: before 15:00 (Т+0)
Limited orders acceptance method: at submitted price
Market orders acceptance method: at weightedaverage 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): 2 / 2
including:
– limited: 1
– market: 1
Volume of active orders*, mln tenge: 1,095.2
including:
– limited: 952.4
– market: 142.9
Bid to ask, %: 230
Price on orders submitted, %: 95.2381
Yield on submitted orders, % APR: 5.0000
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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 87.0 % came from banks; from bank clients –
3.0 %.
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
[2014-07-23]