Kazakhstan's Ministry of Finance on August 18 placed 10.6 mln MEOKAM-36 of issue 87 (KZK2KY030871) on KASE at 5.20 % APR

18.08.14 17:07
/KASE, August 18, 14/ – Kazakhstan Stock Exchange (KASE) announces that a special trading session to offer government mid-term treasury bonds of Kazakhstan's Ministry of Finance (MEOKAM) was held in KASE trading system on August 18, 2014 on the terms below (Almaty time). ISSUE PARAMETERS: --------------------------------------------------------------------- Security type: MEOKAM-36 National identification number: KZK2KY030871 Issue order number: 87 / 36 KASE trade code: MOM036_0087 Nominal value, tenge: 1,000.00 First circulation date: August 18, 2014 Last circulation date: August 17, 2017 Maturity date: August 18, 2017 Circulation term: 3 years (1,080 days) Coupon payment periodicity: twice a year Coupon payment schedule: 1 February 18, 2015 2 August 18, 2015 3 February 18, 2016 4 August 18, 2016 5 February 18, 2017 6 August 18, 2017 Time base: 30 / 360 -------------------------------------------- ------------------------ PLACEMENT TERMS: -------------------------------------------- ------------------------ Trade date: August 18, 2014 Term to redemption: 3 years (1,080 days) Declared placement volume, mln tenge: 7,000.0 Trade subject: coupon rate 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 18, 14 Payment time: before 15:00 (Т+0) Order acceptance method: at striking price (rate) Trading system sector: MEKAM_ST1 Trading system group: MEOKAM_036 -------------------------------------------- ------------------------ BID PARAMETERS: -------------------------------------------- ------------------------ Number of participants: 7 Number of orders submitted (total / active): 14 / 14 including: – limited: 12 – market: 2 Active orders*, mln tenge: 21,950.0 including: – limited: 21,150.0 – market: 800.0 Bid to ask, %: 314 Yield on active orders submitted, % p.a.: – minimum 4.5000 – maximum 5.7900 – weighted average 5.2199 -------------------------------------------- ------------------------ * active orders – orders no annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. PLACEMENT RESULTS: -------------------------------------------- ------------------------ Volume of accepted orders, bonds: 10,550,000 Number of orders accepted: 7 Volume of accepted orders, % of plan: 151 Coupon rate, % p.a.: 5.2000 --------------------------------------------------------------------- In the total volume of active orders 89.8 % came from a bank, 10.3 % – from bank clients. According to Central Securities Depository, all deals on placement of MEOKAM-36 of issue 87 by the end of settlement on trade results were executed. 78.7 % of the total volume of bonds placed was bought by banks, 21.3 % – by bank clients. MEOKAM 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 securities must quote in KASE trading systems at net prices. 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 [2014-08-18]