Kazakhstan's Ministry of Finance on August 5 placed 63.4 mln MEOKAM KZK200000760 (MОM048_0056) on KASE at 17.01 % APR
/KASE, August 5, 2025/ – Kazakhstan Stock Exchange (KASE) announces that two special trading sessions (for the offering and additional offering) of government long-term treasury bonds of the Ministry of Finance of the Republic of Kazakhstan (MEOKAM) were held in KASE's trading system on August 5, 2025 on the terms below (Astana time).
OFFERING TERMS
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Trade date: 05.08.25
Declared offering volume, mln tenge: 60,000.0
Trade subject: coupon rate
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: 05.08.25, 15:00
Payment date: 07.08.25
Limit offset orders execution method: pro rata to amounts
of offset orders
Limit orders execution method: at the single cut-off price
Market orders execution method: at the single cut-off price
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From 15:30 to 16:00 o'clock, Astana time, a special trading session for additional offering of the mentioned bonds was held in KASE's trading system on the terms below.
ADDITIONAL OFFERING TERMS:
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Trade date: 05.08.25
Declared additional offering volume, mln tenge: 50,000.0
Trade subject: "clean" price
Market order execution ratio, %: 0
Order submission method: closed
Order collection time: 15:30–16:00
Order confirmation time: 15:30–16:00
Cut-off date and time: before 17:00 (Т+0)
Payment date: 07.08.25
Limit orders execution method: at prices of limit offset
orders equal to the cut-off
price or those more
favorable for the seller
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-------------------------------------------------------------- BID PARAMETERS AT OFFERING: ------------------------------------------------ ------------- Number of participants: 7 Number of orders submitted (all / active): 19 / 19 including: – limit: 17 / 17 – market: 2 / 2 Volume of active orders*, mln tenge: 51,375.0 including: – limit: 49,125.0 – market: 2,250.0 Bid to ask: 85.6 % Coupon rate on orders submitted, % APR (on all / active ones): – minimum 16.5000 – maximum 18.5000 – weighted average 17.4759 ------------------------------------------------------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants.
Of the total volume of active orders, banks accounted for 34.1 %, broker-dealer organizations – for 0.2 %, other institutional investors – for 6.2 %, other legal entities – for 59.4 %, individuals – for 0.1 %.
-------------------------------------------------------------------- BID PARAMETERS AT ADDITIONAL OFFERING: --------------------------------------------------- ---------------- Number of participants: 5 Number of orders submitted (all / active): 6 / 5 Volume of active orders*, mln tenge: 52,000.0 Bid to ask: 104.0 % --------------------------------------------------- * active orders – orders not annulled by trade participants at expiry of order submission period including those confirmed by Confirmation System participants.
In the total volume of active orders, banks accounted for 23.1 %, other institutional investors – for 76.2 %.
OFFERING RESULTS:
-------------------------------------------------------------------- Volume of orders executed, bonds: 63,375,000 Volume of orders executed, tenge: 63,375,000,000.0 Number of orders executed: 13 Number of participants, whose orders were executed: 9 Volume of executed orders, % of plan: 57.6 Volume of executed orders, % of the bid: 61.3 Coupon rate of bonds to maturity for buyer, % APR: 17.0100 --------------------------------------------------------------------
In terms of the main categories of investors, 31.6 % of the total volume was purchased by banks, 0.2 % – by broker-dealer organizations, 68.2 % – by other institutional investors, and 0.1 % – by individuals.
Settlements for this offering 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.
The Rules of issue, placement, circulation, service and maturity of government treasury bonds 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
Detailed information on the issue of these bonds is available at see more
[2025-08-05]