/KASE, February 13, 08, information about NIN is added/ - Kazakhstan
stock exchange (KASE) informs that on February 14, 2008 the offering of
government medium-term treasury bonds of the Ministry of finance of
the Republic of Kazakhstan (MEOKAM) will be held at KASE on the terms
given below (Almaty time).
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Type of security: MEOKAM-24
National identification number: KZK2KY020701
Issue number: 70/2
Trade code of KASE: MOM024_0070
Face value, KZT: 1,000.00
Payment date: Feb 14, 2008
Circulation start date: Feb 14, 2008
Last circulation day: Feb 13, 2010
Maturity date: Feb 14, 2010
Circulation term: 2 years (720 days)
Periodicity of coupon payment: 2 times a year
Schedule of coupon payments: 1 August 14, 2008
2 February 14, 2009
3 August 14, 2009
4 February 14, 2010
Time basis: 30/360
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Declared offering volume, KZT m.: 13,000.0
Trade subject coupon rate
Stake of market bids satisfaction, %: 70
Method of submitting applications: closed
Applications acceptance time: 09:00 - 11:00
Applications confirmation period: 09:00 - 11:30 (Т+0)
Cutting off: until 15:00 (Т+0)
Payment time: until 15:00 (Т+0)
Bids satisfying method: at cut-off price
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The auction will be held by the method of specialized trades, the order of
which is ruled by the internal document of KASE "Regulations about
methods of holding trades". It is available at
http://www.kase.kz/geninfo/normbase/methods.pdf
Coupon rate 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.
Bids for participation in the specialized trades can 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 bids through
these legal entities. The full list of KASE members of "K" category is
available on the exchange's website at
http://www.kase.kz/kasemembers/
By 15:00 on trades holding day primary dealers are obliged to provide money
on the account, which is used for settlements on deals with securities in
compliance with the rules of Central depositary of securities JSC (Almaty), in
the amount enough for paying for treasury instruments purchased by them
(basing on the assumption that all bids submitted by primary dealers and
accepted by KASE are subject to satisfaction).
MEOKAM are issued in compliance with Rules of issue, offering,
servicing and maturity of government treasury bonds of the Republic
of Kazakhstan (Rules of issue,
http://www.kase.kz/mix/newgko.pdf )
approved by the resolution of the Kazakhstan Government dated September
8, 2004 #941, and are offered by the Rules of offering of government
treasury bonds 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, 2004.
[2008-02-13]