/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:
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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
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PLACEMENT TERMS:
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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
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BID PARAMETERS:
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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
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* active orders – orders no annulled by trade participants at
expiry of order submission period including those
confirmed by Confirmation System participants.
PLACEMENT RESULTS:
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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
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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]