/KASE, June 5, 07, information about NIN is added/ - Kazakhstan Stock
Exchange (KASE) informs that on June 6, 2007 floatation of government indexed
treasury obligations of the Finance ministry of the Republic of Kazakhstan
(MUIKAM) will be held under following terms (Almaty times).
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Securities type: MUIKAM-72
National identification number: KZKBKY060019
Number of the issue: 1
KASE trade code: MUX072_0001
Face value, KZT: 1,000.00
Payment date: June 6, 2007
Circulation start date: June 6, 2007
Last circulation date: June 5, 2013
Maturity: June 6, 2013
Circulation term: 6 years (2,160 days)
Periodicity of coupon payment: Once a year*
Schedule of coupon payments: 1 July 7, 2008
2 July 7, 2009
3 July 7, 2010
4 July 7, 2011
5 July 6, 2012
6 July 5, 2013
Time basis: 30/360
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Announced volume of borrowing, KZT mn: 15,000.0
Subject of trades: Fixed coupon
Special terms on subject of trades: Absent
Share of market bids satisfaction, %: 30
Method of bids submission: closed
Time allowed for bids submission: 09:00 - 11:00
Time for bids confirmation: 09:00 - 11:30 (Т+0)
Cut-off time: Till 15:00 (Т+0)
Payment time: Till 15:00 (Т+0)
Method of bids satisfaction: At cut-of price
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*on fifth working day of month after each full 12 calendar months of circulation
MEKKAM will be placed by the method of specialized trades the order of which is
regulated in internal document of KASE "Regulation about methods of trades'
conduction". It is available at
http://www.kase.kz/geninfo/normbase/methods.pdf
Bids for taking part in specialized trades may only be submitted by KASE
members of "K" category (right to take part in trades in government securities,
circulating at KASE), which are regarded by rules mentioned below as prime
dealers. Investors may submit their bids through these legal entities. Full list
of KASE members of "K" category is published on the web-site of the Exchange at
http://www.kase.kz/kasemembers/
Value of fixed coupon in percents from bond's face value expressed with the
accuracy of two decimal figures is to be shown as the price in bid. Precisely this
parameter is the subject of trade.
Primary dealers must at time pointed in table 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).
MEKKAM are being issued in compliance with Rules of the issue, floatation,
servicing and maturity of government treasury obligations of the Republic
of Kazakhstan (Rules of issue,
http://www.kase.kz/mix/newgko.pdf), approved by
the resolution of the Government of Kazakhstan dated September 8, 2004 #941
and are floated according to Rules of floatation of treasury obligations of the
Republic of Kazakhstan
(
http://www.kase.kz/geninfo/normbase/mekam_placement.pdf), approved by the
Exchange Council of KASE dated December 29, 2004.
According to Rules of issue the indexation of money, invested into MUIKAM is
making by extraction of indexed coupon, received from composition of fixed
coupon, determined while offering and inflation index for the past coupon period.
[2007-06-05]