/KASE, May 17, 07/ - Kazakhstan stock exchange (KASE) notifies that on
May 30, 2007 repeated auction for offering of government long-term
savings treasury obligations of the Ministry of finance of the Republic of
Kazakhstan (MEUJKAM) will be held on KASE on the terms given below
(Almaty time).
----------------------------------------------------------------
Type of security: MEUJKAM-72
National identification number: KZKAKY060010
Number of the issue: 1
Trade code of KASE: MUJ072_0001
Face value, KZT: 1,000.00
Volume of bonds in circulation, units: 9,600,000
Circulation start date: April 27, 2007
Last circulation day: April 26, 2013
Maturity date: April 27, 2013
Circulation term: 6 years (2,160 days)
Coupon rate: 0.05% APR + inflation
Periodicity of coupon payment: once a year
Schedule of coupon payments: 1 May 7, 2008
2 May 7, 2009
3 May 7, 2010
4 May 6, 2011
5 May 7, 2012
6 May 7, 2013
Time basis: 30/360
-------------------------------------- -------------------------
Announced offering volume, KZT m.: 14,500,000
The subject of trade "dirty" price of bonds
Number of days till maturity: 2,127
Stake of market bids satisfaction, %: 30
Applications submitting method: closed
Applications acceptance time: 09:00 - 11:00
Applications confirmation period: 09:00 - 11:30 (Т+0)
Cutting off: till 15:00 (Т+0)
Payment time: till 15:00 (Т+0)
Bids satisfaction method:
limited (competitive) at stated price
market (non-competitive) at weighted average price
----------------------------------------------------------------
MEUJKAM will be offered by specialized trades method, the order of which is
regulated by KASE's internal documents "Regulations on the methods of
trade conducting". This document is available on
http://www.kase.kz/geninfo/normbase/methods.pdf
Bids for participation in the specialized trades may be submitted only by
KASE members of "К" category (right to participate in trades in government
securities circulating on the exchange), which are revised by the rules
mentioned below as primary dealers. Investors can submit applications
through these legal entities. Full list of KASE members of "K" category is
available on the exchange's web-site at
http://www.kase.kz/kasemembers/
Bonds price with accumulated interest ("dirty price") in percentage from
bond's face value expressed with the accuracy of four decimal figures is to
be shown as the price in bid.
Primary dealers must provide presence of money on the account, which is
used for settlements on deals in securities by the time mentioned in the table
in compliance with the rules of Central securities depository JSC (Almaty), in
the amount enough for paying for treasury instruments purchased by him
(basing on assumption that all bids submitted by primary dealers and
accepted by KASE are subjected to satisfying).
MEUJKAM are issued in compliance with Rules of issue, offering,
servicing and maturity of government treasury obligations of the
Republic of Kazakhstan (
http://www.kase.kz/mix/newgko.pdf) approved by
the resolution of Kazakhstan Government dated September 8 of 2004 #941.
The repeated auction is held according to the Rules of floatation of
government treasury instruments of the Republic of Kazakhstan
(
http://www.kase.kz/geninfo/normbase/mekam_placement.pdf) approved by
the decision of KASE's Council on December 29 of 2004.
[2007-05-17]