June 26 special trading session for offering of MEUKAM-300 of third issue (KZKDKY250030) of Kazakhstan's Ministry of Finance on KASE declared failed

26.06.15 17:39
/KASE, June 26, 15/ – A repeated special trading session for offering of government long-term treasury obligations of Kazakhstan's Ministry of Finance (MEUKAM) was held in KASE trading system today on the following terms (Almaty time). --------------------------------------------------------------- Security type: MEUKAM-300 National identification number: KZKDKY250030 Issue order number: 3 / 300 KASE trade code: MUM300_0003 Nominal value, tenge: 1,000.00 Volume of bonds in circulation, pieces: 45,000,000 First circulation date: February 26, 2015 Last circulation date: February 25, 2040 Maturity date: February 26, 2040 Circulation term: 25 years (9,000 days) Coupon rate: 8.37 % Coupon payment periodicity: once a year Coupon payment date: February 26 annually Time base: 30 / 360 --------------------------------------- ----------------------- Trade date: June 26, 2015 Term to maturity: 24.7 years (8,880 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: June 26, 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_300 --------------------------------------------------------------- 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 [2015-06-26]