/KASE, August 19, 2019/ – A repeated special trading session for the offering of
government long-term treasury bonds of the Ministry of Finance of the Republic
of Kazakhstan (MEUKAM) was held in Kazakhstan Stock Exchange (KASE) trading
system today. Below are parameters of the bid and results of the special
trading session.
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BID PARAMETERS:
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Number of participants: 2
Number of orders submitted (all / active): 2 / 2
including:
– limit: 2 / 2
– market: 0
Volume of active orders*, mln tenge: 2,722.7
including:
– limit: 2,722.7
– market: 0
Bid to ask, %: 100.0
"Clean" price on orders submitted, % of face value 90.2318
(on all / on active ones):
Yield on orders submitted, % APR 9.6000
(on all / on active ones):
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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.
OFFERING RESULTS:
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Volume of orders executed, bonds: 3,000,000
Volume of orders executed, tenge: 2,722,662,333.3
Number of orders executed: 2
Number of participants, whose orders were 2
executed:
Volume of orders executed, % of plan: 100.0
"Clean" price in the order executed, 90.2318
% of the face value:
Yield of bonds to maturity for buyer, % APR: 9.6000
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According to Central Securities Depository (Almaty), deals on offering of the
second issue of MEUKAM-156 (KZ000A1A1S55) by the end of settlement of
trade results were executed.
OFFERING TERMS:
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Trade date: August 19, 2019
Current maturity: 3.9 years (1,411 days)
Declared offering volume, mln tenge: 3,000.0
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: August 19, 2019,
15:00 (Т+0)
Order execution method: at the cut-off price
Limit order execution way: pro rata to amounts
of offset orders
Trading system sector: MEKAM_ST1
Trading system group: MEUKAM_156
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Taking into account the earlier offering, the total amount of the second issue
of MEUKAM-156 (KZ000A1A1S55) made up 21,019,800 bonds with the total
face value of KZT21,019,800,000.00.
MEUKAM sold by the Ministry of Finance are automatically admitted to circulation
on KASE secondary market under the trading code indicated in the table. At the
same time bonds must be quoted in clean prices in KASE trading system.
The text of the Rules of issue, placement, circulation, service and maturity of
government treasury bonds of the Republic of Kazakhstan is available on
KASE website at
http://kase.kz/files/mix/newgko.pdf
The Rules of placement of government treasury bonds of the Republic of Kazakhstan
are available at
http://kase.kz/files/normative_base/mekam_placement_eng.pdf
[2019-08-19]