/KASE, August 13, 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
August 13, 2014 on the terms indicated below (Almaty time).
ISSUE PARAMETERS:
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Security type: MEKKAM-12
National identification number: KZK1KY011445
Issue order number: 144 / 12
KASE trade code: MKM012_0144
Nominal value, tenge: 100.00
First circulation date: August 13, 2014
Last circulation date: August 12, 2015
Maturity date: August 13, 2015
Circulation term: 365 days
Time base: actual / actual
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PLACEMENT TERMS:
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Trade date: August 13, 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: August 13, 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: 3
Number of orders submitted (total / active): 4 / 4
including:
– limited: 4
– market: 0
Active orders*, mln tenge: 6,947.2
including:
– limited: 6,947.2
– market: 0
Bid to ask, %: 1,450
"Net price" on orders submitted, %:
– minimum 95.6938
– maximum 96.1538
– weighted average 95.8236
Yield on orders submitted, % APR:
– minimum 4.0001
– maximum 4.5000
– weighted average 4.3584
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* active order – orders not annulled by traders at expiry of
order submission period including those confirmed by,
Confirmation System participants.
PLACEMENT RESULTS:
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Volume of accepted orders, bonds: 2,500,000
Volume of accepted orders, tenge: 240,384,500.00
Number of orders accepted: 1
Volume of accepted orders, % of plan: 50
"Net" price in orders accepted, %: 96.1538
Yield to maturity for buyer, % APR: 4.0000
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In the total volume of active orders a bank accounted for 69.0 %, banks
clients – 31.0 %.
According to Central Securities Depository, all deals on placement of MEKKAM-12
of 144th issue by the end of settlement by trade results were executed. The
entire volume of offered bonds was purchased by bank clients.
MEKKAM sold by Kazakhstan's Ministry of Finance shall automatically be admitted
to circulation on the KASE secondary market under the trade code as in the
table.
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
[2014-08-13]