/KASE, July 15, 09/ - Kazakhstan Stock Exchange (KASE) informs on July 15,
2009 government mid-term treasury obligations of Kazakhstan Finance
Ministry (MEOKAM) were placed at special trade in the KASE trading system on
the terms as below (Almaty time).
ISSUE PARAMETERS:
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Security type: MEOKAM-36
National identification number: KZK2KY030759
Issue order number: 75/36
KASE trade code: MOM036_0075
Nominal value, tenge: 1,000.00
Payment date: July 15, 09
First circulation date: July 15, 09
Last circulation date: July 14, 12
Maturity date: July 15, 12
Circulation term: 3 years (1,080 days)
Coupon payment period: 2 times a year
Upcoming coupon payment schedule: 1 January 15, 10
2 July 15, 10
3 January 15, 11
4 July 15, 11
5 January 15, 12
6 July 15, 12
Time base: 30/360
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PLACEMENT TERMS:
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Declared volume, m. tenge: 10,000.0
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: before 15:00 (Т+0)
Payment time: before 15:00 (Т+0)
Order satisfaction method: at cut-off rate (price)
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ASK PARAMETERS:
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Participants - primary dealers: 17
Submitted orders (total / active): 47 / 38
Including:
- limited: 27 / 23
- market: 20 / 15
Volume of active orders*, m. tenge: 51,928.6
Including:
- limited: 21,911.0
- market: 30,017.6
Ask to bid, %: 519.3
Coupon rate on submitted orders, % APR (all / active):
- minimum: 5.80 / 5.80
- maximum: 7.80 / 7.80
- weighted average: 6.5793 / 6.5467
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* active orders - orders, not annulled by trade participants
at the
moment of expiry of order submission, including those confirmed
by Conformation system participants. PLACEMENT RESULTS:
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Volume of satisfied orders, bonds: 12,000,000
Volume of satisfied orders, % of plan: 120.0
Coupon rate, % APR: 6.00
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In the total volume of active orders the stake of pension market entities 40.4 %,
second-tier banks (STB) - 12.9 %, STB clients - 36.8 %, brokerage and dealer
companies - 4.0 %, their clients - 5.9 %.
According to Central Securities Depository (Almaty) all deals on placement of
MEOKAM-36 of 75th issue by the moment of trades results based settlements
were executed. 59.4 % from the total volume of placed bonds were bought back
by pension market entities, 13.3 % - STB, 21.0 % - STB clients, 1.0 % -
brokerage and dealer companies, 5.3 % - clients of brokerage and dealer
companies.
MEOKAM sold by the Finance Ministry shall automatically be admitted to
circulation on the KASE secondary market under the trade code as in the table. At
that bonds shall be quoted in the KASE trading system in net prices.
The text of the Rules on issue, placement, servicing and maturity of government
treasury obligations of the Republic of Kazakhstan is available at KASE website
at:
http://www.kase.kz/files/mix/newgko.pdf
The text of the Rules of placement of government treasury Obligations of the
Republic of Kazakhstan is available at KASE website at:
http://www.kase.kz/files/normative_base/mekam_placement_eng.pdf
[2009-07-15]