/KASE, July 3, 15/ – Kazakhstan Stock Exchange (KASE) announces that a repeated
special trading session for offering of government long-term treasury
obligations of Kazakhstan's Ministry of Finance (MEUKAM) will be held in KASE
trading system on July 8, 2015 on the following terms (Almaty time).
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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 % ARP
Coupon payment periodicity: once a year
Coupon payment date: February 26 annually
Time base: 30 / 360
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Trade date: July 8, 2015
Term to maturity: 24.6 years (8,868 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: July 8, 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
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As the price an order must indicate the bond's "net" price (excluding the
interest accrued) in percentage of the face value, expressed with accuracy
within the fourth decimal. This 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
[2015-07-03]