Repeated special trading session for offering of 87th issue of MEOKAM-24 (KZK200000745, MOM024_0087) with settlement on March 17 is held on KASE today
/KASE, March 15, 2023/ – As announced earlier, a repeated special trading session for the offering of government mid-term treasury bonds of Kazakhstan's Ministry of Finance (MEOKAM) is held in the trading system of Kazakhstan Stock Exchange (KASE) today on the terms below (Astana time).
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Security type: МЕОКАМ-24
ISIN: KZK200000745
Issue order number: 0087 / 024
KASE trade code: MOM024_0087
Face value, tenge: 1,000.00
Number of outstanding bonds, pcs.: 182,599,409
Circulation start date: 13.01.23
Circulation end day: 12.01.25
Maturity date: 13.01.25
Circulation term: 2 years (720 days)
Coupon rate: 16.70 % APR
Coupon payment periodicity: twice a year
Coupon payment schedule: 1 13.07.23
2 15.01.24
3 15.07.24
4 13.01.25
Time base: 30 / 360
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Trade date: 15.03.23
Current maturity: 1.8 years (658 days)
Declared offering volume, mln KZT: 30,000.0
Trade subject: "clean" price
Market order execution ratio, %*: 70
Order submission method: closed
Order collection time: 09:00–11:00
Order confirmation time: 09:00–11:00
Cut-off date and time: 15.03.23, 15:00
Payment date: 17.03.23
Method of execution of limit offset orders: in accordance with
item 6 of Article 28 of the Regulations on the
Methods of Conducting
Trades in TCSs
Method of execution of limit orders: at prices of limit offset
orders equal to the cut-off
price or those more
favorable for the seller
Method of execution of market orders: at weighted average price
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* In accordance with the Regulations on methods of trading in trading and
clearing systems, submission of market orders is possible only after a trading
participant submits limit orders for the purposes of ensuring the permissible
percentage of market orders submission per trading participant; in this case
withdrawal of a limit order is prohibited, if the permissible percentage of
market orders per trading participant is violated.
As the price an order must indicate the "clean" (without taking into account the accrued interest) price of the bond denominated in percentage of the security's face value, with accuracy within the fourth decimal.
Settlements for this offering will be carried out according to the T+2 scheme. Trading participants must by the payment date indicated in the table provide money available at the money account used for settlement on deals in securities in accordance with the set of rules of the Central Securities Depository (Almaty), in the amount sufficient to pay for acquired treasury bonds (based on the assumption that all orders submitted by trading participants and accepted by KASE are subject to execution).
At full or partial execution of orders submitted, the payment of the respective amount must be carried out in accordance with the Rules of placement of government treasury obligations of the Republic of Kazakhstan. The text of the said Rules is available at see more
The Rules of issue, placement, circulation, service and maturity of government treasury obligations of the Republic of Kazakhstan are available on KASE website at see more
The Methodology for calculating money market indicators is available at see more
The Regulations on methods of trading in the trading and clearing systems are available at see more
Details of the said bond issuance are available on see more
[2023-03-15]