On June 26, the Ministry of Finance of Kazakhstan placed on KASE 73.8 mln METIKAM KZKT00000057 (MTM096_0001) with weighted average yield to maturity of 16.84% per annum
/KASE, June 26, 2025/ – The Kazakhstan Stock Exchange (KASE) announces that on June 26, 2025, two special trading session were held in the KASE's trading system for placement and additional placement of TONIA-indexed government long-term treasury bonds of the Ministry of Finance of the Republic of Kazakhstan (METIKAM) on the conditions below (Astana time).
PLACEMENT CONDITIONS:
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Trading date: 06.26.25
Term to maturity: 5.5 years (1,997 days)
Declared placement volume, mln tenge: 40,000.0
Trade subject: clean price
Market order execution rate, %: from 0 to 100 depending
on market demand
Order submission method: closed
Order acceptance time: 09:00–12:00
Order confirmation time: 09:00–12:00
Cut-off time: 06.26.25, 15:00
Payment date and time: 06.30.25
Method of execution of limit at prices of limit
orders: counter orders equal to
the cut-off price or those
more favorable for the seller
Limit counter orders proportional to amounts
execution method: of counter orders
Method of execution of market orders: at the weighted average price
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From 15:30 to 16:15 Astana time, a special trading session for additional placement of the specified bonds was held in the KASE's trading system on the conditions below.
ADDITIONAL PLACEMENT CONDITIONS:
------------------------------------------------ -----------------------------
Trading date: 06.26.25
Term to maturity: 5.5 years (1,997 days)
Declared additional placement volume, mln tenge: 30,000.0
Trade subject: clean price
Market order execution rate, %: 0
Order submission method: closed
Order acceptance time: 15:30–16:15
Order confirmation time: 15:30–16:15
Cut-off time: until 17:00 (T+0)
Payment date and time: 06.30.25
Method of execution of limit at prices of limit
orders: counter orders equal to
the cutoff price or those
more favorable for the seller
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----------------------------------------------------------------------------- DEMAND PARAMETERS DURING PLACEMENT: -------------------------------------------------------- -------------------- Number of participants: 4 Number of orders submitted (total / active), 9 / 9 including: – limit: 9 / 9 – market: 0 / 0 Volume of active orders*, mln tenge, 36,904.3 including: – limit: 36,904.3 – market: 0.0 Demand vs. offering: 84.5% Clean price in submitted orders, % of par (for all / active): – minimum 99.3054 – maximum 103.6980 – weighted average 101.1534 Yield on submitted orders, % per annum (for all / active): – minimum 16.3100 – maximum 17.5500 – weighted average 17.0178 --------------------------------------------------------------------------- * active orders – orders that have not been cancelled by the trading participants at the time of the order submission period expiration, including those confirmed by participants of the Confirmation System.
Of the total volume of active orders, the banks accounted for 86.5%, broker- dealer organizations accounted for 5.4%, and other institutional investors accounted for 8.1%.
----------------------------------------------------------------------------- DEMAND PARAMETERS DURING ADDITIONAL PLACEMENT: -------------------------------------------------------- -------------------- Number of participants: 2 Number of orders submitted (total / active): 4 / 4 Volume of active orders*, mln tenge: 54,927.5 Demand vs. offering: 166.7% ----------------------------------------------------------------------------- * active orders – orders that have not been cancelled by the trading participants at the time of the order submission period expiration, including those confirmed by participants of the Confirmation System.
The entire volume of active orders came from institutional investors.
PLACEMENT RESULTS:
-------------------------------------------------- ---------------- Volume of executed orders, bonds: 73,793,715 Volume of executed orders, tenge: 81,066,135,167.0 Number of executed orders: 10 Number of participants which orders were executed: 5 Volume of executed orders, % of plan: 184.5 Volume of executed orders, % of demand: 88.1 Clean price in executed orders, % of par: – minimum 100.6939 – maximum 103.6980 – weighted average 101.8038 Bond yield to maturity for the buyer, % per annum: – minimum 16.3100 – maximum 17.1500 – weighted average 16.8382 -------------------------------------------------------------------
In terms of the main categories of investors during placement, 26.1% of the total volume was purchased by banks, 2.5% by broker-dealer organizations, 71.4% by other institutional investors.
Taking into account the previously conducted placement, the total volume of METIKAM KZKT00000057 (MTM096_0001) amounted to 150,270,716 bonds with a face value of 150,270,716,000 tenge.
Settlement for this placement will be carried out according to the T+2 scheme. The MEKAMs sold at today's auction will be admitted to circulation on the KASE's secondary market under the trading code indicated in the table on the next working day after fulfillment of the transaction obligations. At that, the bonds must be quoted in the KASE's trading system in clean prices.
The rules for issue, placement, circulation, servicing and redemption of government treasury bonds of the Republic of Kazakhstan are published at see more
The rules for placement of government treasury bonds of the Republic of Kazakhstan are published at see more
Detailed information on the issue of these bonds is published at see more
[2025-06-26]