/KASE, April 8, 09/ - Kazakhstan Stock Exchange (KASE) informed that
specialized trades on placement of government mid-term treasury obligations
of the Ministry of Finance of the Republic of Kazakhstan (MEOKAM) were
held in the exchange trading system April 8, 2009 on terms as below (Almaty
time).
ISSUE PARAMETERS:
-------------------------------------------- -----------------------
Security type: MEOKAM-36
National identification number: KZK2KY030726
Issue order number: 72/36
KASE trade code: MOM036_0072
Nominal value, tenge: 1,000.00
Payment date: April 8, 2009
First circulation date: April 8, 2009
Last circulation date: April 7, 2012
Maturity date: April 8, 2012
Circulation term: 3 years (1080 days)
Coupon payment period: 2 times a year
Schedule of up coming coupon payments: 1 October 8, 2009
2 April 8, 2010
3 October 8, 2010
4 April 8, 2011
5 October 8, 2011
6 April 8, 2012
Time base: 30/360
-------------------------------------------- -----------------------
PLACEMENT TERMS:
-------------------------------------------- -----------------------
Announced volume of offering, KZT m.: 5,000.0
Trade subject: coupon rate
Market order satisfaction stake, %: 0
Orders submission method: closed
Orders submission time: 09:00-11:00
Orders confirmation time: 09:00-11:30 (Т+0)
Cut-off time: till 15:00 (Т+0)
Payment time: till 15:00 (Т+0)
Orders satisfaction method: at cut-off price (rate)
-------------------------------------------- -----------------------
DEMAND PARAMETERS:
-------------------------------------------- -----------------------
Participants - primary dealers: 14
Number of submitted orders (total / active): 29 / 25
Active orders volume*, m. tenge: 18,507.0
Ask to bid, %: 370.1
Coupon rate on submitted limited orders, % APR:
- minimum: 7.50 / 7.50
- maximum: 8.50 / 8.50
- weighted average: 8.0935 / 8.0853
--------------------------------------------------------------------
*active orders - orders, not annulled by trade participants
as at the moment of expiry of order submission period,
including those confirmed by Confirmation system participants
PLACEMENT RESULTS:
--------------------------------------------------------------------
Satisfied orders / bonds volume: 13,447,000
Satisfied orders volume, % of the plan: 268.9
Coupon, % APR: 8.00
--------------------------------------------------------------------
The total of active orders, pension market comprised - 30.4 %, Kazakhstan
second-tier banks (STB) - 20.0 %, clients of STB - 44.1 %, brokerage and dealer
organizations - 3.2 %, clients of brokerage and dealer organizations - 2.3 %.
According to Central Securities Depositary (Almaty) all deals on offering of
MEOKAM-36 of issue 72 at the moment of completion of settlements by trades
results were executed. 27.5 % from the total volume of placed bonds were re-
purchased by pension market subjects, 7.4 % - by STB, 60.7 % - clients of STB,
2.2 % - by brokerage and dealer organizations, 2.1 % - by clients of brokerage
and dealer organizations.
MEOKAM sold by the Ministry of Finance are automatically admitted to circulation
on the secondary KASE market under the code indicated in the table. At that the
bonds must be quoted in net prices in the KASE trading system.
MEOKAM were issued in accordance with the Rules on Issue, Placement,
Service and Maturity of State Treasury Obligations of the Republic of
Kazakhstan (
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 placed in accordance with the Rules on Placement of State Treasury
Obligations of the Republic of Kazakhstan
(
http://www.kase.kz/files/normative_base/mekam_placement.pdf), approved by
the Exchange Council decision on December 29, 2004.
[2009-04-08]