/KASE, December 24, 08/ - Kazakhstan Stock Exchange (KASE) informs that on
December 26, 2008 a repeated auction on offering government short-term
treasury obligations of the Ministry of Finance of the Republic of Kazakhstan
(MEKKAM) will be held on KASE according to the terms specified below (discount
obligations, Almaty time).
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Security type: MEKKAM-12
National identification number: KZK1KY010950
Issue order number: 95/12
KASE trade code: MKM012_0095
Volume of bonds in circulation, items: 123 000 000
Face value, tenge: 100,00
Circulation start date: 26.12.08
Last circulation date: 18.12.08
Maturity date: 17.12.09
Circulation term: 365 days
Time base: actual/actual
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Declared offering volume, m. tenge: 3800,0
Subject of the trades: bonds` net price
Market orders satisfaction stake, %: 0
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 submitted 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/files/normative_base/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/ru/membership
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.
Primary dealers must before 15:00 of the trading day provide for the money to be
available at the cash account, used for settlements in deals in securities in
accordance with the set of rules of Central Securities Depository JSC (Almaty), in
the amount, sufficient for payment of acquired treasury obligations (on the
assumption, that all orders submitted by primary dealers and accepted by KASE
are subject to satisfaction).
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/files/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/files/normative_base/mekam_placement.pdf), approved by
the KASE Council decision of December 29, 2004.
[2008-12-24]