/KASE, September 24, 14/ – Kazakhstan Stock Exchange (KASE) announces that a
repeated special trading session to offer government mid-term treasury bonds of
Kazakhstan's Ministry of Finance (MEOKAM) was held in KASE trading system on
September 24, 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
Volume of bonds in circulation, pieces: 10,550,000
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 rate: 5.20 % APR
Coupon payment date: February 18 and August 18 annually
Time base: 30 / 360
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PLACEMENT TERMS:
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Trade date: September 24, 2014
Term to redemption: 2.9 years (1,044 days)
Declared placement volume, pieces: 10,000,000
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: September 24, 2014
Payment time: before 15:00 (Т+0)
Order acceptance method: at striking price
Trading system sector: MEKAM_ST1
Trading system group: MEOKAM_036
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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
Active orders*, mln tenge: 5,126.2
including:
– limited: 2,110.8
– market: 3,015.4
Bid to ask, %: 51
"Net" price on active orders 99.9947
submitted, % (all / active):
Yield on active orders 5.2000
submitted, % p.a. (all / active):
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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.
PLACEMENT RESULTS:
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Volume of accepted orders, bonds: 5,100,000
Volume of accepted orders, tenge: 5,126,249,700.00
Number of orders accepted: 2
Volume of accepted orders, % of plan: 51
"Net" price in orders accepted, %: 99.9947
Yield of bonds to maturity for buyer, % p.a.: 5.2000
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The entire volume of active orders came from banks.
According to Central Securities Depository JSC (Almaty), all deals on placement
of MEOKAM-36 of issue 87 by the end of settlement on trade results were
executed.
Talking into account the previous offering the entire volume of MEUKAM-36 of
issue 87 (KZK2KY030871) made up 15,650,000 bonds to the face value of
KZT15,650,000,000.00.
MEOKAM sold by the Ministry of Finance are automatically admitted to circulation
on the KASE secondary market under indicated in the Table trading code. At that
bonds must be quoted in the KASE trading system in 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
[2014-09-24]