/KASE, February 18, 15/ – As announced earlier, a special trading session for
offering government long-term indexed treasury bonds of Kazakhstan's
Ministry of Finance (MUIKAM) will be held in KASE trading system today on the
terms below (Almaty time).
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Security type: MUIKAM-120
National identification number: KZKBKY100013
Issue order number: 1 / 120
KASE trade code: MUX120_0001
Nominal value, tenge: 1,000.00
First circulation date: February 18, 2015
Last circulation date: February 17, 2025
Maturity date: February 18, 2025
Circulation term: 10 years (3,600 days)
Coupon payment periodicity: once a year*
Coupon payment schedule: 1 March 7, 2016
2 March 7, 2017
3 March 7, 2018
4 March 7, 2019
5 March 6, 2020
6 March 5, 2021
7 March 7, 2022
8 March 7, 2023
9 March 7, 2024
10 March 7, 2025
Time base: 30 / 360
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Trade date: February 18, 2015
Term to maturity: 10 years (3,600 days)
Declared offering volume, pieces: 10,000,000
Trade subject: fixed coupon
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: February 18, 2015
Payment time: before 15:00 (Т+0)
Order acceptance method: at cut-off price
Trading system sector: MEKAM_ST1
Trading system group: MUIKAM_120
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* on the fifth working day of the month in every 12 full calendars months of
circulation.
According to the Rules of issue, indexation of money invested in MUIKAM is
carried out by way of calculating the indexed coupon received as a result of
adding of the fixed coupon defined during the offering and inflation index for
the expired coupon period.
As the price an order must indicate the fixed coupon rate in per cent of the
bond's face value, expressed with accuracy within the second decimal. This
indicator is the trade subject.
Trade participants must by the time indicated in the table provide money
available at the money account used for settlement on deals in securities in
accordance with the set of rules of the Central Securities Depository (Almaty),
in the amount sufficient to pay for acquired treasury bonds (based on the
assumption that all orders submitted by primary dealers and received by KASE
are subject to acceptance).
At full or partial satisfaction of orders submitted, the payment of the
respective amount must be carried in accordance with the Rules on placement of
government treasury obligations of the Republic of Kazakhstan. The text of the
said Rules is available at
http://www.kase.kz/files/normative_base/mekam_placement_eng.pdf
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 Regulations on methods of trading are available on the KASE website at
http://www.kase.kz/files/normative_base/methods_eng.pdf
KASE reminds that according to Resolution # 61 of the Management Board of
the National Bank of the Republic of Kazakhstan dated February 24, 2012 "On
Making Changes and Additions to resolution # 170 of the Agency of the Republic
of Kazakhstan on Regulation and Supervision of Financial Market and Financial
Organizations (FSA) dated October 29, 2008 "On Approval of the Rules of
Execution of Activities of Organizers of Trading in Securities and Other
Financial Instruments", from July 15, 2012 orders for participation in special
trade for initial offering of government securities of the Republic of
Kazakhstan may only be submitted by members of KASE stock market - second-tier
banks, accumulative pension funds or institutions carrying out investment
management of pension assets. Second-tier banks can carry out
transactions on behalf and at the account and in interest of clients who are
second-tier banks, accumulative pension funds, insurance organizations
holding a license for "life insurance" activities or organizations carrying
out investment management of pension assets. Organizations carrying out
investment management of pension assets take part in trading only at the
account and in interest of an accumulative pension fund.
The text of the Rules of Execution of Activities of Organizers of Trading in
Securities and Other Financial Instruments is published on KASE website, at
http://www.kase.kz/files/normative_base/post_170.pdf
[2015-02-18]