Kazakhstan's Ministry of Finance on January 15 placed another 100.0 mln MEUKAM-300 of second issue (KZKDKY250022) on KASE at 8.37 % APR

15.01.15 18:06
/KASE, January 15, 15/ – Kazakhstan Stock Exchange (KASE) announces that a repeated special trading session to offer government long-term treasury bonds of Kazakhstan's Ministry of Finance (MEUKAM) was held in KASE trading system on January 15, 2015. Below are the main parameters of the issue, terms and results of the offering (Almaty time). ISSUE PARAMETERS: --------------------------------------------------------------------- Security type: MEUKAM-300 National identification number: KZKDKY250022 Issue order number: 2 / 300 KASE trade code: MUM300_0002 Nominal value, tenge: 1,000.00 Volume of bonds in circulation, pieces: 65,000,000 First circulation date: July 25, 2014 Last circulation date: July 24, 2039 Maturity date: July 25, 2039 Circulation term: 25 years (9,000 days) Coupon rate: 8.35 % p.a. Coupon payment periodicity: once a year Coupon payment date: July 25 annually Time base: 30 / 360 --------------------------------------------- ----------------------- PLACEMENT TERMS: --------------------------------------------- ----------------------- Trade date: January 15, 2015 Term to maturity: 24.5 years (8,830 days) Declared offering volume, pieces: 25,000,000 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: January 15, 2015 Payment time: before 15:00 (Т+0) Order acceptance method: at cut-off price Trading system sector: MEKAM_ST1 Trading system group: MEUKAM_300 --------------------------------------------- ----------------------- BID PARAMETERS: --------------------------------------------- ----------------------- Number of participants: 1 Number of orders submitted (total / active): 1 / 1 including: – limited: 1 – market: 0 Volume of active orders*, mln tenge: 103,653.9 including: – limited: 103,653.9 – market: 0 Bid to ask, %: 400.0 "Net" price on orders submitted, % 99.7108 Yield on orders submitted, % p.a. 8.3700 --------------------------------------------------------------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants. PLACEMENT RESULTS: --------------------------------------------- ----------------------- Volume of accepted orders, bonds: 100,000,000 Volume of accepted orders, tenge: 103,653,855,555.56 Number of orders accepted: 1 Volume of accepted orders, % of plan: 400.0 "Net" price in orders accepted, %: 99.7108 Yield of bonds to maturity for buyer, % p.a.: 8.3700 --------------------------------------------------------------------- According to Central Securities Depository, all deals on placement of MEUKAM- 300 of the second issue by the end of settlement on trade results were executed. Talking into account the previous offering the entire volume of MEUKAM-300 of the second issue (KZKDKY250022) made up 165,000,000 bonds to the face value of KZT165,000,000,000.00. MEUKAM 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 [2015-01-15]