/KASE, April 17, 2017/ – A special trading session to offer government mid-term
treasury obligations of Kazakhstan's Ministry of Finance (MEOKAM) MEOKAM-48 of
the 50th issue (KZK2KY040501) was held in KASE trading system today. Below are
bid parameters and results of the special trading session.
ISSUE PARAMETERS:
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Security type: MEOKAM-48
National identification number: KZK2KY040501
Issue order number: 50 / 48
KASE trade code: MOM048_0050
Nominal value, tenge: 1,000.00
Volume of bonds in circulation, pcs.: 21,000,000
First circulation date: April 3, 2017
Last circulation date: April 2, 2021
Maturity date: April 3, 2021
Circulation term: 4 years (1,440 days)
Coupon payment periodicity: twice a year
Coupon payment schedule: 1 October 3, 2017
2 April 3, 2018
3 October 3, 2018
4 April 3, 2019
5 October 3, 2019
6 April 3, 2020
7 October 5, 2020
8 April 3, 2021
Time base: 30 / 360
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BID PARAMETERS:
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Number of participants: 8
Number of orders submitted (total / active): 15 / 15
including:
– limited: 14 / 14
– market: 1 / 1
Volume of active orders*, mln tenge: 29,980.1
including:
– limited: 29,779.0
– market: 201.1
Bid to ask, %: 142.0
"Clean" price on orders submitted, % of face value (on all / on active):
– minimum 98.7093
– maximum 101.9883
– weighted average 100.1996
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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.
OFFERING RESULTS:
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Volume of orders executed, bonds: 19,810,000
Volume of orders executed, tenge: 19,946,537,123.35
Number of orders executed: 10
Volume of orders executed, % of plan: 94.3
"Clean" price in orders executed, %: 100.3159
Bond's yield to maturity for buyer, % APR: 9.5000
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According to Central Securities Depository JSC (Almaty), all deals on the
offering of MEOKAM-48 of the 50th issue by the end of settlement on trade
results were executed.
OFFERING TERMS:
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Trade date: April 17, 2017
Term to maturity: 3.96 years (1,426 days)
Declared placement volume, mln tenge: 21,000.00
Trade subject: "clean" price
Market order execution ratio, %: 70
Order submission method: closed
Order acceptance time: 09:00–11:00
Order confirmation time: 09:00–11:30 (Т+0)
Striking time: before 15:00 (Т+0)
Payment date and time: April 17, 2017
before 15:00 (Т+0)
Order acceptance method: at cut-off price (rate)
Trading system sector: MEKAM_ST1
Trading system group: MEOKAM_048
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MEOKAM sold by the Ministry of Finance are automatically admitted to circulation
on KASE secondary market under the trading code indicated in the table. At the same
time bonds must be quoted in clean prices in KASE trading system.
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
[2017-04-17]