Kazakhstan's Ministry of Finance on May 6 placed 60.0 mln MEUKAM KZKD00001285 (MUM084_0020) on KASE at yield to maturity of 14.60 % APR
/KASE, May 6, 2025/ – 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 the trading system of Kazakhstan Stock Exchange (KASE) today. Below are the parameters of bid and the results of the special trading session.
-------------------------------------------------------------------- BID PARAMETERS: ----------------------------------------------------------- -------- Number of participants: 2 Number of orders submitted (all / active): 2 / 2 including: – limit: 2 / 2 – market: 0 / 0 Volume of active orders*, mln tenge: 61,517.9 including: – limit: 61,517.9 – market: 0.0 Bid to ask: 100.0 % "Clean" price on orders submitted, % of face value 99.8532 (on all / on active ones): Yield on orders submitted, % APR (on all / on active ones): 14.6000 --------------------------------------------------------------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants.
The total volume of active orders came from institutional investors.
OFFERING RESULTS:
--------------------------------------------------- ---------------- Volume of orders executed, bonds: 60,000,000 Volume of orders executed, tenge: 61,517,920,000.0 Number of orders executed: 2 Number of participants, whose orders were executed: 2 Volume of executed orders, % of plan: 100.0 Volume of executed orders, % of the bid: 100.0 "Clean" price in orders executed, % of face value: 99.8532 Yield of bonds to maturity for buyer, % APR: 14.6000 --------------------------------------------------------------------
Taking into account the previous offering, the total volume of MEUKAM KZKD00001285 (MUM084_0020) amounted to 223,969,494 bonds with a nominal value of 223,969,494,000 tenge.
Settlements for this placement will be carried out according to the T+2 scheme. MEKAM sold at today's auction will be admitted to circulation on KASE's secondary market under the trade code specified in the table on the next business day after the day of fulfillment of obligations under deals. The bonds must be quoted in KASE's trading system in clean prices.
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OFFERING TERMS:
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Trade date: 06.05.25
Current maturity: 6.8 years (2,460 days)
Declared offering volume, mln KZT: 60,000.0
Trade subject: "clean" price
Market order execution ratio, %: from 0 to 100 depending
on market demand
Order submission method: closed
Order collection time: 09:00–12:00
Order confirmation time: 09:00–12:00
Cut-off date and time: 06.05.25, 15:00
Payment date: 12.05.25
Method of execution of limit offset orders: pro rata to amounts
of offset orders
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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The Rules of issue, placement, circulation, service and maturity of government treasury obligations of the Republic of Kazakhstan are available at see more
The Rules of placement of government treasury bonds of the Republic of Kazakhstan are available at see more
Details of the mentioned bond issue are available at see more
[2025-05-06]