On September 17, KASE will hold repeated specialized auctions for the placement of MEUKAM KZKD00000857 (MUM300_0003) with settlements on September 19 and a redemption of 15.4 years
/KASE, 13.09.24/ – Kazakhstan Stock Exchange (KASE) informs that on September 17, 2024, repeated specialized auctions for the placement of state long-term treasury obligations of the Ministry of Finance of the Republic of Kazakhstan (MEUKAM) will be held in the KASE trading system on the following terms (Astana time).
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Type of security: MEUKAM-300
ISIN: KZKD00000857
Order number of the issue: 0003 / 300
KASE trading code: MUM300_0003
Nominal value, tenge: 1 000,00
Bond circulation volume, pcs: 312 742 343
Circulation start date: 26.02.15
Last circulation day: 25.02.40
Date of redemption: 26.02.40
Circulation term: 25 years (9 000 days)
Coupon rate: 8,37 % per annum
Coupon payment frequency: 1 time a year
Coupon payment schedule: 10 26.02.25
11 26.02.26
12 26.02.27
13 28.02.28
14 26.02.29
15 26.02.30
16 26.02.31
17 26.02.32
18 28.02.33
19 27.02.34
20 26.02.35
21 26.02.36
22 26.02.37
23 26.02.38
24 28.02.39
25 26.02.40
Temporary base: 30 / 360
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Auction date: 17.09.24
Period until redemption 15,4 years (5 559 days)
Announced offering volume, million tenge: 20,000.0
Subject of auction: "net" price
Satisfaction degree of market orders, %: from 0 to 100 depending on market
demand
Order submission method: closed
Order collection time: 09:00 a.m. – 12:00 p.m.
Order confirmation time: 09:00 a.m. – 12:00 p.m.
Cutoff date and time: 17.09.24, 3:00 p.m.
Payment date: 19.09.24
Method of satisfying limited counter orders: in proportion to the size of the counter
orders
Method of satisfying limited orders: at the prices of limited counter orders
equal to the cutoff price or being more
profitable for the seller
Method of satisfying market orders: at a weighted average price
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* In accordance with the Regulation on Trading Methods in Trading and
Clearing Systems, market orders can be submitted only after a participant of
trading submits limited orders in order to ensure an acceptable percentage of
market orders per participant; at the same time, the withdrawal of a limited
order is prohibited if the permissible percentage of market orders per
participant is violated.
The “net” price of the bonds (excluding accumulated interest), expressed as a percentage of the nominal value with an accuracy of up to the fourth decimal place, should be indicated as the price in the order.
Calculations for this placement will be carried out according to the T+2 scheme. By the time indicated in the table, the participants are obliged to ensure the availability of money in the cash account, which is used to settle securities transactions in accordance with the set of rules of Central Securities Depository JSC (Almaty), in an amount sufficient to pay for the treasury obligations they have acquired (based on the assumption that all submitted by the participants and orders accepted by KASE are subject to satisfaction).
If the orders submitted in full or in part are satisfied, payment of the corresponding amount must be made in accordance with the Regulations for the placement of state treasury obligations of the Republic of Kazakhstan. The text of these Regulations is published at see more
The regulations for the issue, placement, circulation, maintenance and redemption of state treasury obligations of the Republic of Kazakhstan are published at see more
The regulations on the methods of trading in the ASTS+ trading and clearing system is published at see more
Detailed information on the issue of these bonds is published at the link see more
[2024-09-13]