/KASE, October 29, 14/ – Kazakhstan Stock Exchange (KASE) announces that as of
October 29, 2014 the following Eurobonds of Republic of Kazakhstan were admitted
to trade in sector "Government securities" on KASE:
- XS1120709669 (US486661AE13, October 14, 2014 – October 14, 2024, $1,500 mln,
fixed semi-annual coupon 3.875% p.a.; 30/360);
- XS1120709826 (US486661AF87, 14.10.14 – 14.10.44, $1,000 mln, fixed
semi-annual coupon 4.875% p.a.; 30/360).
They will be quoted in KASE trading system with accuracy of up to the fourth
decimal. The Eurobonds will be quoted on KASE at the net price (without taking
into account the accrued interest), expressed in percent to the face value.
According to the Procedure of coding members of Kazakhstan Stock Exchange,
financial instruments and issuers of securities the mentioned Eurobonds are
assigned an abbreviation (trade code) KZ_05_2410 and KZ_06_4410
accordingly.
KASE urges members of the Exchange to maintain the liquidity of sovereign
bonds on the homeland floor, taking up responsibilities of their market-makers.
Issue of the mentioned bonds was carried out as part of the Program of mid-term
notes of September 24, 2014 to the amount of KZT10 bn. Kazakhstan was
absent from international capital markets for 14 years. Below are parameters of
the previous Eurobond issues:
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Issue date Currency Structure Volume, Term, Coupon, % price, %
mln years p.a.
------------ -------- --------- ------- ----- --------- --------
20.12.1996 USD 144/A 200 3 9.250 99.872
02.10.1997 USD 144/A 350 5 8.375 99.779
18.10.1999 USD 144/A 300 5 13.625 98.875
(main issue)
11.05.2000 USD 144/A 350 7 11.125 98.347
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Based on data from the website of the Ministry of Finance
http://www.minfin.gov.kz/
Useful links on the subject:
- INSTRUCTION on Procedure of Coding of Members of Kazakhstan Stock Exchange,
Financial Instruments and Securities Issuers –
http://www.kase.kz/files/normative_base/code_fins_eng.pdf
- Rules of exchange trading in securities –
http://www.kase.kz/files/normative_base/rules_eng.pdf
- REGULATIONS of Trades and Confirmation System Operation –
http://www.kase.kz/files/normative_base/reglament_trade_eng.pdf
[2014-10-29]