/KASE, August 5, 09/ - Kazakhstan Stock Exchange (KASE) informs special
trade placing government mid-term treasury obligations of the Ministry of
Finance of the Republic of Kazakhstan (MEOKAM) was held in the KASE
trading system on August 5, 2009 on the terms as below (Almaty time).
ISSUE PARAMETERS:
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Security type: MEOKAM-36
National identification number: KZK2KY030767
Issue order number: 76/36
KASE trade code: MOM036_0076
Nominal value, tenge: 1,000.00
Payment date: 05.08.09
First circulation date: 05.08.09
Last circulation date: 04.08.12
Maturity date: 05.08.12
Circulation term: 3 years (1,080 days)
Coupon payment: 2 times a year
Upcoming coupon payment schedule: 1 05.02.10
2 05.08.10
3 05.02.11
4 05.08.11
5 05.02.12
6 05.08.12
Time base: 30/360
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PLACEMENT TERMS
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Declared volume, m tenge: 12,000.0
Trade subject: coupon rate
Market order satisfaction share, %: 70
Orders submission method: closed
Orders receipt time: 09:00-11:00
Orders confirmation time: 09:00-11:30 (Т+0)
Striking time: before 15:00 (Т+0)
Payment time: before 15:00 (Т+0)
Orders satisfaction method: at striking price (rate)
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ASK PARAMETERS:
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Participants - primary dealers: 18
Submitted orders (total / active): 39 / 37
Including:
- limited: 25 / 23
- market: 14 / 14
Volume of active orders*, m KZT: 44,165.8
Including:
- limited: 18,190.0
- market: 25,975.8
Ask to bid, %: 368.0
Coupon rate on submitted orders, % APR (al / active):
- minimum: 5.00 / 5.00
- maximum: 6.10 / 6.10
- weighted average: 5.6390 / 5.6404
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* active orders - orders, not annulled by trade participants
as at the moment
of expiry of orders submission period, including those confirmed
by participants of the Confirmation system.
PLACEMENT RESULTS:
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Volume of satisfied orders, bonds: 13,866,666
Volume of satisfied orders, % of plan: 116.0
Coupon rate, % APR: 5.49
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Pension market entities submitted 8.18 %, Kazakhstan second-tier banks (STB) -
20.63 %, STB's clients - 63.21 %, brokerage and dealer companies - 3.33 %,
their clients - 4.66 %.
According to data of Central Securities Depository (Almaty) all deals on
placement of MEOKAM-36 of 76th issue at expiry of settlement on trade results
were executed. 24.45 % of the total volume of placed bonds was redeemed by
pension market entities, 27.02 % - STB, 46.90 % - STB's clients, 0.19 % -
brokerage and dealer companies, 0.43 % - clients of brokerage and dealer
companies.
MEOKAM sold by the Ministry of Finance shall automatically be admitted to
circulation on the KASE secondary market under the trade code indicated in the
table. At that bonds must be quoted in the KASE trading system in net prices.
The text of the Rules of issue, placement, circulation, service and maturity of
government treasury obligations of the Republic of Kazakhstan is available at
the 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 the KASE website at:
http://www.kase.kz/files/normative_base/mekam_placement_eng.pdf
[2009-08-05]