/KASE, November 5, 08/ - Kazakhstan Stock Exchange (KASE) informs that on
November 4, 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: MEKKAM-9
National identification number: KZK1KM090120
Serial number of issue: 12/9
KASE trading code: MKM009_0012
Face value. KZT: 100.00
Date of placement: 05.11.08
Circulation start date: 05.11.08
Circulation last day: 04.08.09
Date of maturity: 05.08.09
Circulation period: 273 days
Time base: actual/actual
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PLACEMENT TERMS:
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Placement volume. m. KZT: 10,000.0
Subject of trades: bond 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: 05.11.08
Time of payment: till 15:00 (Т+0)
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DEMAND PARAMETERS:
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Number of participants - primary dealers: 5
Number of submitted orders (total /active): 12 / 11
Including:
- limited: 8 / 7
- market: 4 / 4
Volume of active orders*, KZT, m.: 16,285.6
Demand to supply, %: 171.7
Prices on submitted limited orders, % (total/active):
- minimum: 94.8563
- maximum: 94.8563
- weighted average: 94.8563
Yield on submitted limited orders, % APR (total /active):
- minimum: 7.2500
- maximum: 7.2500
- weighted average: 7.2500
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* active orders - orders, uncancelled trades participants
at the moment of expiry of orders submission period, including confirmed
at the moment of expiry of orders submission period, including confirmed
by the Confirmation System participant; the amount on market orders
is calculated at
the weighted average price of active limited orders PLACEMENT RESULTS*:
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Volume of satisfied orders, securities: 100,000,000
Volume of satisfied orders, KZT: 9,485,630,000.00
Volume of satisfied orders, % to plan: 100.0
Net price in satisfied orders, %: 94.8563
Yield of bonds to repayment for a buyer, %
APR: 7.2500
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In the total volume of active orders, the pension market stake - 38.8 %, clients
of STB - 58.3%, clients of brokerage and dealers organizations - 2.9 %.
According to Central Securities Depository (Almaty) all deals on placement of
MEKKAM-9 of issue 12 at the moment of completion of settlements by trades
results were satisfied. 33.7 % from the total number of placed bonds were re-
purchased by the pension market subjects, 61.3 % - by STB clients, 5.0 % - by
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.
[2008-11-05]