/KASE, October 23, 07, information about NIB is added/ - Kazakhstan stock
exchange (KASE) notifies that on October 30, 2007 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).
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Type of security: MEUJKAM-120
National identification number: KZKAKY100030
Number of the issue: 3/120
Trade code of KASE: MUJ120_0003
Face value, KZT: 1,000.00
Payment date: October 30, 2007
Circulation start date: October 30, 2007
Last circulation day: October 29, 2017
Maturity date: October 30, 2017
Circulation term: 10 years (3,600 days)
Periodicity of coupon payment: once per year*
Schedule of coupon payment: 1 November 7, 2008
2 November 6, 2009
3 November 5, 2010
4 November 7, 2011
5 November 7, 2012
6 November 7, 2013
7 November 7, 2014
8 November 6, 2015
9 November 7, 2016
10 November 7, 2017
Time basis: 30/360
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Announced offering volume, KZT m.: 14,000.0
The subject of trade Fixed coupon
Specific conditions on the subject of trade must not be less or equal to zero
Stake of market bids satisfaction, %: 70
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 satisfying method: at cut-off price
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* on fifth working day of month after each 12 full calendar months of circulation
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/
Fixed coupon in percentage per annum 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 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,
and are floated by 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.
According to the Rules of issue, indexation of money invested into
MEUJKAM is made by calculating the indexed coupon received by adding
the fixed coupon, which is determined during offering, and inflation rate for
the expired coupon period.
KASE reminds that MEUJKAM are floated only among Kazakhstan
accumulative pension funds.
[2007-10-23]