/KASE, July 21, 08/ - Kazakhstan Stock Exchange (KASE) informs that on July
23, 2008 a repeated auction on offering of government short-term treasury
obligations of the Ministry of Finance (MEKKAM) will be held on KASE at the
terms as below (discount obligations, Almaty time).
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Security type: MEKKAM-12
National identification number: KZK1KY010901
Issue order number: 90/12
KASE trade code: MKM012_0090
Volume of bonds in circulation, items: 50 000 000
Face value, tenge: 100,00
Circulation start date: 02.07.08
Last circulation date: 01.07.09
Maturity date: 02.07.09
Circulation term: 365 days
Time base: actual/actual
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Declared offering volume, m. tenge: 5000,0
Market orders satisfaction stake, %: 70
Orders submission method: closed
Orders receipt time: 09:00-11:00
Orders confirmation time: 09:00-11:30 (Т+0)
Cut-off time: Till 15:00 (Т+0)
Time of payment: Till 15:00 (Т+0)
Limited orders satisfaction method: At announced price
Market orders satisfaction method: At weighted average price
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The repeated auction will be held by a specialized trade method, which is
regulated by the KASE internal document "Regulations on Trading Methods",
available at:
http://www.kase.kz/geninfo/normbase/methods.pdf
Applications for participation in specialized trades may only be submitted by
KASE category "K" members (right of participation in trades in government
securities, circulating on the Exchange), which are deemed by the rules
indicated below as primary dealers. Investors may submit applications via these
legal entities. The full list of KASE category "K" members is available at the
Exchange website at:
http://www.kase.kz/kasemembers/
As the price the bid must indicate "net" (without accrued interest) price of
security in percent from the bond face value, expressed accurate within the
fourth decimal digit. This indicator is a subject of trades.
MEKKAM are issued in accordance with the Rules on Issue, Offering, Service
and Maturity of Government Treasury Obligations of the Republic of
Kazakhstan (Rules on Issue,
http://www.kase.kz/mix/newgko.pdf), approved by
resolution No. 941 of the Government of the Republic of Kazakhstan of
September 8, 2004, and offered in accordance with the Rules on Offering of
Government Treasury Obligations of the Republic of Kazakhstan
(
http://www.kase.kz/geninfo/normbase/mekam_placement.pdf), approved by the
KASE Council decision of December 29, 2004.
[2008-07-21]