/KASE, May 13, 09/ - Kazakhstan Stock Exchange (KASE) informs that on May
13, 2009 specialized trade were held in the KASE trading system to place
government middle term treasury obligations of the Ministry of Finance of
Republic of Kazakhstan (MEOKAM) on the terms as below (Almaty time).
ISSUE PARAMETERS:
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Security type: MEOKAM-36
National identification number: KZK2KY030734
Issue order number: 73/36
KASE trade code: MOM036_0073
Nominal value, tenge: 1,000.00
Payment date: 13.05.2009
First circulation date: 13.05.2009
Last circulation date: 12.05.2012
Maturity date: 13.05.2012
Circulation term: 3 years (1080 days)
Coupon payment period: 2 times a year
Upcoming coupon payment schedule: 1 13.11.2009
2 13.05.2010
3 13.11.2010
4 13.05.2011
5 13.11.2011
6 13.05.2012
Time base: 30/360
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PLACEMENT TERMS:
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Declared volume, m. tenge: 5,000.0
Trade subject: coupon rate
Market order satisfaction share, %: 70
Order submission method: closed
Order receipt time: 09:00-11:00
Order confirmation time: 09:00-11:30 (Т+0)
Striking time: till 15:00 (Т+0)
Payment time: till 15:00 (Т+0)
Order satisfaction method: at striking price (rate)
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ASK PARAMETERS
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Participants - primary dealers: 10
Submitted orders (total / active): 22 / 21
including:
- limited: 18 / 17
- market: 4 / 4
Volume of active orders*, m. tenge: 13,744.9
Including:
- limited: 12,394.9
- market: 1,350.0
Ask to bid, %: 274.9
Coupon rate on submitted orders, % APR (total / active):
- minimum: 7.50 / 7.50
- maximum: 8.50 / 8.50
- weighted average: 7.6829 / 7.6727
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* active orders - orders, not annulled by trade participants
as at the expiry of order submission, including those confirmed
as at the expiry of order submission, including those confirmed
by Confirmation system participants.
PLACEMENT RESULTS
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Satisfied orders, bonds: 10,484,918
Satisfied orders, % of the plan: 209.7
Coupon rate, % APR: 7.50
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The volume of active orders breaks down on pension market entities 36.4 %,
commercial banks (STB) - 0.7 %, clients of STB - 58.5 %, brokers and dealers -
2.2 %, and their clients - 2.2 %.
According to data of the Central Securities Depository (Almaty) all deals on
placement of MEOKAM-36 of 73rd issue by the end of settlements on the trades
were executed. 22.4 % of all placed bonds were redeemed by pension market
entities, 1.0 % - STB, 76.6 % - STB's clients.
MEOKAM sold by the Ministry of Finance shall automatically be admitted to
circulation on the KASE secondary market under the code as in the table.
At that, bonds must be quoted in the KASE trading system in net prices.
MEOKAM are issued in accordance with the Rules on Issue, Placement,
Service and Maturity of Government Treasury Obligations of the Republic
of Kazakhstan (Rules on Issue,
http://www.kase.kz/files/mix/newgko._eng.pdf),
approved by resolution No. 941 of the Government of the Republic of Kazakhstan
on September 8, 2004, and placed in accordance with the Rules on Placement
of Government Treasury Obligations of the Republic of Kazakhstan
(
http://www.kase.kz/files/normative_base/mekam_placement_eng.pdf), approved
by the Exchange Council decision dated December 29, 2004.
[2009-05-13]