/KASE, September 2, 09/ - Kazakhstan Stock Exchange (KASE) informs on
September 2, 2009 government mid-term treasury obligations of the
Kazakhstan Finance Ministry (MEOKAM) were placed in the KASE trading
system at special trade on the terms as below (Almaty time).
ISSUE PARAMETERS:
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Security type: MEOKAM-36
National identification number: KZK2KY030775
Issue order number: 77 / 36
KASE trade code: MOM036_0077
Nominal value, tenge: 1,000.00
Payment date: 02.09.09
First circulation date: 02.09.09
Last circulation date: 01.09.12
Maturity date: 02.09.12
Circulation term: 3 years (1,080 days)
Coupon payment period: 2 times a year
Upcoming payment schedule: 1 02.03.10
2 02.09.10
3 02.03.11
4 02.09.11
5 02.03.12
6 02.09.12
Time base: 30 / 360
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PLACEMENT TERMS:
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Declared volume, m tenge: 15,000.0
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: 12
Submitted orders (total / active): 23 / 21
Including:
- limited: 15 / 14
- market: 8 / 7
Active orders*, m tenge: 19,568.0
Including:
- limited: 9,848.0
- market: 9,720.0
Ask to bid, %: 130.5
Coupon rate on submitted orders, % APR (all / active):
- minimum: 4.00 / 4.00
- maximum: 10.00 / 10.00
- weighted average: 6.8718 / 7.0619
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* active orders - orders, not annulled by trade participants
as
on expiry of order submission period, including those confirmed
by Confirmation system participants. PLACEMENT RESULTS:
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Volume of accepted orders, bonds: 14,768,000
Volume of accepted orders, % of plan: 98.5
Coupon rate, % APR: 5.50
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Pension market entities constituted for 63.8 % of orders, Kazakh second-tier
banks (STB) - 5.1 %, STB's clients - 29.1 %, brokerage and dealer companies -
1.5 %, their clients - 0.5 %.
According to Central Securities Depository (Almaty) all deals on placement of
MEOKAM-36 of 77th issue be the moment of settlement end were executed.
57.4 % of the total volume of placed bonds was repurchased by pension market
entities, 3.4 % - STB, 38.5 % - STB's clients, 0.7 % - 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 as in the table.
At that the obligations shall be quoted 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
[2009-09-02]