Special trading session for offering of sixth issue of MEUKAM-240 (KZKDKY200043) of Kazakhstan's Ministry of Finance held on KASE on September 24 declared failed
24.09.18 18:23
/KASE, September 24, 2018/ – A repeated special trading session for the offering
of government long-term treasury bonds of Kazakhstan's Ministry of Finance
(MEUKAM) was held in Kazakhstan Stock Exchange (KASE) trading system today. Below
are parameters of the bid and results of the special trading session.
BID PARAMETERS:
--------------------------------------------------------------------------------
Number of participants: 2
Number of orders submitted (total / active): 2 / 2
incl.:
– limit: 2 / 2
– market: 0
Volume of active orders*, mln tenge: 10,172.1
incl.:
– limit: 10,172.1
– market: 0
Bid to ask, %: 200.0
"Clean" price on orders submitted,
% of face value (on all on / active ones): 96.4529
Yield on orders submitted, % APR
(on all on / active ones): 8.4700
--------------------------------------------------------------------------------
* active orders – orders not annulled by trade
participants at expiry of order submission period including those,
confirmed by Confirmation System participants.
Kazakhstan's Ministry of Finance declared this special trading
session failed due to the unfavorable price fixed on orders submitted.
OFFERING TERMS:
----------------------------------- -----------------------
Trade date: September 24, 2018
Current maturity: 16.3 years (5,885 days)
Declared placement volume, KZT mln: 5,000.0
Trade subject: "clean" price
Market order acceptance ratio, %: 70
Order submission method: closed
Order collection 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: September 24, 2018,
15:00 (Т+0)
Order execution method: at cut-off price
Limit order execution way: pro rata to amounts
of offset orders
Trading system sector: MEKAM_ST1
Trading system group: MEUKAM_240
-----------------------------------------------------------
[2018-09-24]