Special trading session for buyback of National Bank's short-term notes KZW1KM066630 declared failed
07.10.16 20:16
/KASE, October 7, 2016/ – A special trading session for buyback of short-term
notes of the National Bank of Republic of Kazakhstan (National Bank) was
held in KASE trading system today on the terms below (Almaty time).
ISSUE PARAMETERS:
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Security type: discount notes
National identification number: KZW1KM066630
Issue serial number: 1663
KASE trade code: NTK182_1663
Face value, tenge: 100.00
Issue volume, tenge: 159,677,597,700.00
Circulation starts on: July 22, 2016
Maturity date: January 20, 2017
Yield to maturity at offering: 13.0075 % APR
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BUYBACK TERMS:
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Trade date: October 7, 2016
Volume of buyback at face value, tenge: 47,903,279,310.00
Lot size, pieces: 1
Order types: limited
Trade subject: discounted price
Order submission method: open
Order receipt time: 11:30–15:00
Order confirmation time: 11:30–15:30 (Т+0)
Striking time: 16:00 (Т+0)
Payment date: October 7, 2016
Payment time: until 16:00 (Т+0)
Order execution method: at cut-off price
Method of executing limited orders: at the price of limited offset
orders equal to the cut-offprice
or those being morefavorable for
the buyer
Order cut-off method: orders are cut-off, whoseprices are
above the cut-offprice
Execution of offset-orders at pro rata to the declared volume
equality of prices:
Trading system sector: MEKAM_ST2
Trading system group: NOTES
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ASK PARAMETERS:
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Number of participants: 1
Number of orders submitted (total / active): 4 / 3
including:
– limited: 4 / 3
– market: 0
Volume of active orders*, mln tenge: 60,295.4
including:
– limited: 60,295.4
– market: 0
Bid to ask, %: 130.1
Price on the order submitted, % (on all / on active):
– minimum 96.6631
– maximum 96.7977
– weighted average 96.7160 / 96.7113
Yield on the order submitted, % APR (on all / on active):
– minimum 11.5001
– maximum 12.0001
– weighted average 11.8035 / 11.8207
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* active orders – orders not annulled by trade participants at
expiry of order submission period including those
confirmed by Confirmation System participants.
The special trading session was acknowledged and declared failed due to the
unfavorable resulting price on the orders submitted.
[2016-10-07]