/KASE, January 24, 13/ - Kazakhstan Stock Exchange (KASE) announces that
the repeated special trading session to place government long-term treasury
bonds of Kazakhstan Ministry of Finance (MEUKAM) was held in KASE
trading system on January 24, 2013 on the terms indicated below (Almaty
time).
ISSUE PARAMETERS:
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Security type: MEUKAM-180
National identification number: KZKDKY150081
Issue order number: 8 / 180
KASE trade code: MUM180_0008
Nominal value, tenge: 1,000.00
Number of bonds in circulation, pieces: 4,830,000
Payment date: January 24, 2013
First circulation date: October 24, 2012
Last circulation date: October 23, 2027
Maturity date: October 24, 2027
Circulation term: 15 years (5,400 days)
Coupon rate: 6.50 % APR
Coupon payment periodicity: once a year
Coupon payment date: October 24 annually
Time base: 30 / 360
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PLACEMENT TERMS:
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Declared placement volume, pieces: 13,000,000
Предмет торга: "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: 8
Number of orders submitted (total / active): 15 / 14
including:
- limited: 12 / 11
- market: 3 / 3
Active orders*, mln tenge: 18,880.5
including:
- limited: 13,351.9
- market: 5,528.6
Bid to ask, %: 146.8
"Net price" on orders submitted, % APR:
- minimum 84.3994
- maximum 100.0550
- weighted average 97.1811 / 97.2774
Yield on orders submitted, % APR:
- minimum 6.4900
- maximum 8.3750
- weighted average 6.8044 / 6.7936
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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: 14,590,000
Volume of accepted orders, tenge: 14,686,498,260.00
Number of orders accepted: 8
Volume of accepted orders, % of plan: 112.2
"Net" price in orders accepted, %: 99.0364
Yield to maturity for buyer, % APR: 6.6000
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In the total volume of active orders pension market entities accounted for
26.2 %, Kazakhstan second-tier banks (STB) - 18.3 %, STB clients - 55.5 %.
According to Central Securities Depository, all deals on placement of
MEUKAM-180 of the eighth issue by the end of settlement by trade results
were executed. 13.7 % of the total volume of bonds sold were purchased by
pension market entities, 13.7 % - STB, 72.6 % - STB clients.
Taking into account the earlier placement the full volume of MEUKAM-180 of
the eighth issue (KZKDKY150081) made up 19,420,000 bonds to the total face
value of KZT19,420,000,000.00.
MEUKAM sold by Kazakhstan 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
[2013-01-24]