National Bank of Kazakhstan on August 22 sold second issue of MEUKAM-240 (KZKDKY200027) with face value KZT1 bn on KASE at yield to maturity 9.15 – 9.30 % APR
22.08.17 17:40
/KASE, August 22, 2017/ – A special trading session for selling government
long-term treasury obligations of Kazakhstan's Ministry of Finance MEUKAM-240
of the second issue (KZKDKY200027, MUM240_0002, KZT1,000, KZT102.75 bn, May 12,
2014 – May 12, 2034, annual coupon 8.07 % APR, 30/360, current maturity 6,020 days)
by the National Bank of Republic of Kazakhstan was held in KASE trading system
today. Below are the parameters of bid and results of the special trading session.
BID PARAMETERS:
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Number of participants: 2
Number of orders submitted (total / active): 2 / 2
Volume of active orders*, mln tenge: 925.5
Bid to ask, %: 100.0
"Clean" price on orders submitted, %:
– minimum 89.6923
– maximum 90.8563
– weighted average 90.2743
Yield on orders submitted, % APR (on all / on active ones):
– minimum 9.1500
– maximum 9.3000
– weighted average 9.2245
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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.
In the total volume of active orders 50 % came from other institutional investors,
50 % – from other legal entities.
AUCTION RESULTS:
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Volume of orders executed, bonds: 1,000,000
Volume of orders executed, tenge: 925,159,666.66
Number of orders executed: 2
Volume of orders executed, % of plan: 100
"Clean" price on orders executed, % of face value:
minimum (cut-off) 89.6923
maximum 90.8563
Yield to maturity for buyer, % APR:
minimum 9.1500
maximum 9.3000
weighted average 9.2245
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According to the Central Securities Depository (Almaty), all deals on this order
by the end of settlements were executed.
SELLING TERMS:
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Current maturity: 16.7 years (6,020 days)
Declared volume at face value, mln tenge: 1,000.0
Lot size, pieces: 1
Trade subject: "clean" price
Purchase order types: limit
Market order execution ratio, %: 0
Order submission method: open
Order acceptance period: 09:00–11:00
Order confirmation period: 09:00–11:30
Striking time: 15:00
Payment date and time: August 22, 2017, 15:00 (Т+0)
Order execution way: at limit offset order prices
equal to the cut-off price or at
best prices for the seller;
pro rata to amounts
of offset orders
Order execution method: orders below the cut-off
price are cut off
Trades initiator: National Bank of
Republic of
Kazakhstan (Almaty)
Trading system sector: MEKAM_ST3
Trading system group: MEUKAM_240
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[2017-08-22]