April 15 special trading session to offer MEUKAM-180 of issue 12 (KZKDKY150123) of Kazakhstan's Ministry of Finance on KASE declared failed

15.04.15 18:02
/KASE, April 15, 15/ – Kazakhstan Stock Exchange (KASE) announces that a special trading session to offer government long-term treasury bonds of Kazakhstan's Ministry of Finance (MEUKAM) was held in KASE trading system on April 15, 2015 on the terms below (Almaty time). ISSUE PARAMETERS: --------------------------------------------------------------- Security type: MEUKAM-180 National identification number: KZKDKY150123 Issue order number: 12 / 180 KASE trade code: MUM180_0012 Nominal value, tenge: 1,000.00 Volume of bonds in circulation, pieces: 35,000,000 First circulation date: February 4, 2015 Last circulation date: February 3, 2030 Maturity date: February 4, 2030 Circulation term: 15 years (5,400 days) Coupon rate: 7.68 % APR Coupon payment periodicity: once a year Coupon payment date: February 4 annually Time base: 30 / 360 --------------------------------------- ----------------------- PLACEMENT TERMS: --------------------------------------- ----------------------- Trade date: April 15, 2015 Term to redemption: 14.8 years (5,329 days) Declared placement volume, pieces: 20,000,000 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: April 15, 2015 Payment time: before 15:00 (Т+0) Order acceptance method: at cut-off price (rate) Trading system sector: MEKAM_ST1 Trading system group: MEUKAM_180 --------------------------------------------------------------- The special trading session was acknowledged and declared failed in accordance with sub-item 2 of item 18 of article 9 of KASE internal; document "Regulations on Trading Methods", since KASE did not accept any single limited counter order. 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 [2015-04-15]