On January 24 Kazakhstan Ministry of Finance additionally placed 14.6 mln MEUKAM-180 of eighth issue (KZKDKY150081) on KASE at 6.60 % APR

24.01.13 17:34
/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: -------------------------------------------------------------------------------- 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 ---------------------------------------------------- ---------------------------- PLACEMENT TERMS: ---------------------------------------------------- ---------------------------- 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 ---------------------------------------------------- ---------------------------- BID PARAMETERS: ---------------------------------------------------- ---------------------------- 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 ---------------------------------------------------- ---------------------------- * active orders - orders, not annulled by traders at expiry of order submission, including those confirmed by Confirmation System participants. PLACEMENT RESULTS: ---------------------------------------------------- ---------------------------- 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 --------------------------------------------------------------------------------- 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]