/KASE, March 26, 2008/ - Kazakhstan Stock Exchange (KASE) notifies that
on March 28, 2008, 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-108
National identification number: KZKAKY090017
Number of the issue: 1/108
Trade code of KASE: MUJ108_0001
Face value, KZT: 1,000.00
Payment date: March 28, 2008
Circulation start date: March 28, 2008
Last circulation day: March 27, 2008
Maturity date: March 28, 2008
Circulation term: 9 years (3,240days)
Periodicity of coupon payment: once a year*
Schedule of coupon payment: 1 April 7, 2009
2 April 7, 2010
3 April 7, 2011
4 April 6, 2012
5 April 5, 2013
6 April 7, 2014
7 April 7, 2015
8 April 7, 2016
9 April 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 Not greater 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 the fifth working day of the month in every 12 full calendar months
of circulation
MEUJKAM will be offered by the specialized trades method, the order of
which is regulated by KASE internal document "Regulations on Trading
Methods". This document is available at
http://www.kase.kz/geninfo/normbase/methods.pdf
Orders for participation in the specialized trades can be submitted only by
KASE "К" category members (the right to participate in trades in government
securities), which are considered by the mentioned below rules as primary
dealers. Investors can submit applications through these legal entities. Full
list of KASE "K" category members is available on the exchange website at
http://www.kase.kz/kasemembers/
The fixed coupon value in percentage per annum from bond's face value,
expressed with the accuracy to the second decimal digit, must be indicated
in the order as the price. Exactly 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 rules of Central Securities Depository JSC (Almaty), in the
amount enough for paying for treasury instruments purchased by him (based
on the assumption that all orders, submitted by primary dealers and
accepted by KASE, are liable to satisfaction).
MEUJKAM are issued in compliance with Rules of Issue, Placement,
Servicing and Maturity of Government Treasury Obligations of the
Republic of Kazakhstan (
http://www.kase.kz/mix/newgko.pdf) approved by
resolution #941 of the Government of the Republic of Kazakhstan of
September 8, 2004, and are placed by Rules of Placement of Government
Treasury Instruments of the Republic of Kazakhstan
(
http://www.kase.kz/geninfo/normbase/mekam_placement.pdf) approved by
the decision of KASE Council on December 29, 2004.
According to Rules of issue, indexation of money invested into MEUJKAM is
made through calculation of the indexed coupon, received by adding the
fixed coupon, determined during placement, and an inflation rate for the
expired coupon period.
KASE reminds that MEUJKAM are placed only among Kazakhstan
accumulative pension funds.
[2008-03-26]