/KASE, June 18, 08/ - Kazakhstan Stock Exchange (KASE) informs that on June
18, 2008, in the Exchange trading system was held the auction on placement of
government short-term treasury obligations of the Ministry of Finance of the
Republic of Kazakhstan (MEKKAM) based on below terms (discount bonds, ALT).
ISSUE PARAMETERS:
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Security type: МЕККАМ-12
National identification number: KZK1KY010893
Serial number of issue: 89/12
KASE trading code: MKM012_0089
Face value, KZT: 100.00
Date of placement: 18.06.08
Circulation start date: 18.06.08
Circulation last day: 17.06.09
Date of maturity: 18.06.09
Circulation period: 365 days
Time base: actual/actual
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OFFERING TERMS:
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Placement volume, m. KZT: 11 000,0
Subject of trades: Bonds price
Orders submission method: Closed
Time of orders acceptance: 09:00-11:00
Time of orders confirmation: 09:00-11:30 (Т+0)
Cut-off time: Till 15:00 (Т+0)
Methods of orders satisfaction:
- limited (competitive) At announced price
- market (noncompetitive) At weighted average price
Steak of market orders satisfaction, %: 70
Date of payment: 18.06.08
Time of payment: Till 15:00 (Т+0)
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DEMAND PARAMETERS:
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Number of participants - primary dealers: 10
Number of submitted orders (total/active): 30 / 25
Including:
- limited: 13 / 11
- market: 26 619.1
Volume of active orders*, KZT, m.: 261.5
Demand to supply, %:
Prices on submitted limited orders, % (all/active): 92.1659 / 92.1659
- minimum: 93.0665 / 93.0233
- maximum: 92.6011 / 92.5441
- weighted average:
Yield on submitted limited orders, % APR (total/active): 7.4500 / 7.4999
- minimum: 8.5000 / 8.5000
- maximum: 7.9913 / 8.0577
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*active orders - orders, uncancelled trades participants
at the moment of expiry of orders submission period, including confirmedе
by the Confirmation System participant; the amount on market orders
is calculated
at the weighted average price of active limited orders РЕЗУЛЬТАТЫ РАЗМЕЩЕНИЯ*:
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Volume of satisfied orders, securities: 3 333 333
Volume of satisfied orders, KZT: 310 077 635.66
Volume of satisfied orders, % to plan: 3,0
Net price in satisfied orders, %: 93.0233
Yield of bonds to repayment for a buyer, % APR:
Yield of bonds to repayment for a buyer, % APR:
7.4999
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In the total volume of active orders, the pension market subjects stake fall
3.3 %, to the second-tier banks (STB) fall - 93.9 %, STB clients - 0.7 %, clients
of brokerage and dealers organizations - 1.7 %, their clients - 0.4 %.
According to Central Securities Depository JSC (Almaty) all deals on offering
MEKKAM-12 of issue 89 at the moment of completion of settlements by trades
results were made. 69.0 % from the total number of offered bonds were re-
purchased by STB, 0.7 % - STB clients, 30.0 % - brokerage and dealers
organizations, 0.4 % - clients of brokerage and dealers organizations.
MEKKAM 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.
Sold by the Ministry of Finance MEKKAM are automatically admitted to circulation
on the KASE secondary market under indicated in the table trading code.
[2008-06-18]