/KASE, September 9, 09/ - Kazakhstan Stock Exchange (KASE) government
long-term treasury bonds of the Kazakhstan Finance Ministry (MEUKAM) in
the KASE trading system September 9, 2009. Below are the main parameters of
issue, terms and results of placement (Almaty time).
ISSUE PARAMETERS:
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Security type: MEUKAM-84
National identification number: KZKDKY070065
Issue order number: 6 / 84
KASE trade code: MUM084_0006
Nominal value, tenge: 1,000.00
Payment date: 09.09.09
First circulation date: 09.09.09
Last circulation date: 08.09.16
Maturity date: 09.09.16
Circulation term: 7 years (2,520 days)
Coupon payment period: once a year
Coupon payment date: September 9, annually
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: 11
Submitted orders (total / active): 19 / 18
including:
- limited: 15 / 14
- market: 4 / 4
Volume of active orders*, m tenge: 5,480.1
including:
- limited: 4,410.0
- market: 1,070.1
Ask to bid, %: 36.5
Coupon rate on submitted orders, % APR (total / active):
- minimum 5.50 / 5.50
- maximum 8.10 / 8.10
- weighted average 6.5884 / 6.5884
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* active orders - orders, not annulled by trade participants
as at the
moment of order submission expiry, including those confirmed
by Confirmation system participants. PLACEMENT RESULTS:
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Accepted orders, bonds: 2,620,100
Accepted orders, % of plan: 17.5
Coupon rate, % APR: 6.00
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Pension market entities constituted for 58.8 % of orders, Kazakhstan second-tier
banks (STB) - 9.1 %, STB's clients - 2.9 %, brokerage and dealer companies -
16.4 %, their clients - 12.8 %.
According to Central Securities Depository (Almaty) all deals on placement of
MEUKAM-84 of the sixth issue by the end settlement were executed. 46.6 % of
bonds was redeemed by pension market entities, 19.1 % - STB, 34.4 % -
brokerage and dealer companies.
MEUKAM sold by the Finance Ministry shall be automatically admitted to
circulation on the KASE secondary market under the trade code indicated 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
[2009-09-09]