/KASE, January 15, 13/ - Kazakhstan Stock Exchange (KASE) announces that a
repeated special trading session for offering of government mid-term treasury
bonds of Kazakhstan's Ministry of Finance (MEOKAM) was held in KASE
trading system on January 15, 2013 on the terms as below (Almaty time).
ISSUE PARAMETERS:
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Security type: MEOKAM-36
National identification number: KZK2KY030841
Issue order number: 84 / 36
KASE trade code: MOM036_0084
Nominal value, tenge: 1,000.00
Number of bonds in circulation: 10,000,000
Payment date: January 15, 2013
First circulation date: January 12, 2012
Last circulation date: January 11, 2015
Maturity date: January 12, 2015
Circulation term: 3 years (1,080 days)
Coupon rate: 3.50 % per annum
Coupon payment schedule: 1 July 12, 2012
2 January 12, 2013
3 July 12, 2013
4 January 12, 2014
5 July 12, 2014
6 January 12, 2015
Time base: 30 / 360
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PLACEMENT TERMS:
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Declared placement volume, pieces: 10,000,000
Trade subject: "net" price of bonds
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 time: before 15:00 (Т+0)
Order acceptance method: at striking price
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BID PARAMETERS:
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Number of participants - primary dealers: 4
Number of orders submitted (total / active): 15 / 12
including:
- limited: 12 / 9
- market: 3 / 3
Active orders*, mln tenge: 18,890.4
including:
- limited: 12,726.2
- market: 6,164.3
Bid to ask, %: 190.0
"Net price" on orders submitted, % APR (all / active):
- minimum 97.1894 / 97.1894
- maximum 100.5742 / 100.5742
- weighted average 99.3675 / 99.3942
Yield on orders submitted, % APR (all / active):
- minimum 3.20 / 3.20
- maximum 5.00 / 5.00
- weighted average 3.8327 / 3.8186
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* active orders - orders, not annulled by traders at expiry of order submission,
including those confirmed by Confirmation System participants.
PLACEMENT RESULTS:
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Volume of accepted orders, bonds: 4,666,666
Volume of accepted orders, tenge: 4,694,823,107.10
Number of orders accepted: 5
Volume of accepted orders, % of plan: 46.7
"Net" price in orders accepted, %: 100.5742
Yield to maturity for buyer, % APR: 3.20
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In the total number of active orders Kazakhstan's second-tier banks (STB)
accounted for 79.0 %, STB clients - for 21.0 %.
According to Central Securities Depository (Almaty), all deals on placement of
MEOKAM-36 of the 84th issue by the end of settlement on trade results were
executed. 56.4 % of the total volume of bonds sold were purchased by STB,
43.6 % - by STB clients.
Taking into account the earlier placement the full volume of MEOKAM-36 of the
84th issue (KZK2KY030841) made up 14,666,666 bonds to the total face value
of KZT14,666,666,000.00.
KASE reminds that from 15:30 to 16:00 Almaty time a special trading session
was held in KASE trading system for additional offering of MEOKAM-36 of the
84th issue (KZK2KY030841), whose results will be announced later.
MEOKAM sold by Kazakhstan's Ministry of Finance shall automatically be
admitted to circulation on the KASE secondary market under the trade code as in
the table. The securities must quote in KASE trading systems at net prices.
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
[2013-01-15]