/KASE, November 20, 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): 4 / 4
including:
– limit: 4 / 4
– market: 0
Volume of active orders*, mln tenge: 9,882.5
including:
– limit: 9,882.5
– market: 0
Bid to ask, %: 100.0
"Clean" price on orders submitted, % of 93.8021
face value (on all / on active ones):
Yield on orders submitted, % APR 9.3000
(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.
Whole volume of active orders came from institutional investors.
OFFERING RESULTS:
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Volume of orders executed, bonds: 10,000,000
Volume of orders executed, tenge: 9,882,515,555.6
Number of orders executed: 4
Number of participants, whose orders were executed: 2
Volume of orders executed, % of plan: 100.0
"Clean" price in orders executed, % of face value: 93.8021
Yield of bonds to maturity for buyer, % APR: 9.3000
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According to Central Securities Depository (Almaty), deals on offering of the
third issue of MEUKAM-168 (KZKD00000949) by the end of settlement of
trade results were executed.
OFFERING TERMS:
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Trade date: November 20, 2019
Current maturity: 12.4 years (4,466 days)
Declared offering volume, mln tenge: 10,000.0
Trade subject: "clean" price
Market order execution 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: November 20, 2019,
15:00 (Т+0)
Order execution method: at the cut-off price
Limit orders execution method: pro rata to amounts
of offset orders
Trading system sector: MEKAM_ST1
Trading system group: MEUKAM_168
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Taking into account the earlier offering, the total amount of the third issue of
MEUKAM-168 (KZKD00000949) made up 296,570,558 bonds with the total
face value of KZT296,570,558,000.00.
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
[2019-11-20]