/KASE, September 25, 09/ - Kazakhstan Stock Exchange (KASE) informed
government long-term treasury obligations of the Kazakhstan Finance
Ministry (MEUJKAM) will be placed at special trade on September 29, 2009 on
the terms as below (Almaty time).
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Security type: MEUJKAM-168
National identification number: KZKAKY140028
Issue order number: 2 / 168
KASE trade code: MUJ168_0002
Nominal value, tenge: 1,000.00
Payment date: September 29, 09
First circulation date: September 29, 09
Last circulation date: September 28, 23
Maturity date: September 29, 23
Circulation term: 14 years (5,040 days)
Coupon payment period: once a year*
Payment dates: October 7, 10
2 October 7, 11
3 October 5, 12
4 October 7,13
5 October 7, 14
6 October 7, 15
7 October 7, 16
8 October 6, 17
9 October 5, 18
10 October 7, 19
11 October 7, 20
12 October 7, 21
11 October 7, 22
12 06.10.23
Time base: 30 / 360
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Declared volume, m tenge: 15,000.0
Trade subject: Fixed coupon equal or exceeding zero
Special terms on trade:
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: till 15:00 (Т+0)
Payment time: till 15:00 (Т+0)
Orders satisfaction method: at cut-off price (rate)
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* on the fifth business day of a month, each 12 full calendar months of
circulation.
Money invested in MEUJKAM shall be indexed through calculation of coupon
resultant from the sum of fixed coupon, determined at placement, and inflation
rate for the elapsed coupon period.
As the price the order shall indicate the value of fixed coupon in APR from
nominal value of a bond, expressed within the second decimal. This indicator is a
subject of trade.
MEUJKAM are government bonds, placed among accumulative pension funds of
Kazakhstan. First half of circulation MEUJKAM shall circulate among pension
funds only. Then bonds may freely circulate on the market.
Applications for participation in specialized trades may only be submitted by
KASE category "K" members (right of participation in trades in government
securities, circulating on the Exchange), which are deemed by the rules specified
below as primary dealers. Investors may submit the orders through these legal
entities. The full list of KASE category "K" members is available at the site of
the Exchange at:
http://www.kase.kz/en/membership
Primary dealers must before 15:00 p.m. provide money available at the cash
account, used for settlements in deals in securities in accordance with the set of
rules of Central Securities Depository JSC (Almaty), in the amount, sufficient for
payment of acquired treasury obligations (on the assumption, that all orders
submitted by primary dealers and accepted by KASE are subject to satisfaction).
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
Regulations of Trading Methods are published at KASE website at
http://www.kase.kz/files/normative_base/methods_eng.pdf
[2009-09-25]