/KASE, September 28, 09/ - Kazakhstan Stock Exchange (KASE) informed
recurrent special trade to place government short-term treasury obligations of
the Kazakhstan Finance Ministry (MEKKAM) was held in the KASE trading
system on September 28, 2009 on the terms as below (discount bonds, Almaty
time).
ISSUE PARAMETERS:
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Security type: MEKKAM-6
National identification number: KZK1KY061873
Issue order number: 187 / 6
KASE trade code: MКM006_0187
Nominal value, tenge: 100.00
Payment date: 24.09.09
First circulation date: 24.09.09
Last circulation date: 23.03.10
Maturity date: 24.03.10
Circulation term: 181 days
Time base: actual / actual
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PLACEMENT TERMS:
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Declared volume, m tenge: 5,000.0
Trade subject: bond net price
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)
Limit order acceptance method: at submitted price
Market order acceptance method: at wav
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ASK PARAMETERS:
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Participants - primary dealers: 7
Submitted orders (all / active): 14 / 13
including:
- limit: 14 / 13
- market: 0 / 0
Active orders*, m tenge: 12,933.4
Ask to bid, %: 264.2
Price on submitted orders, % (all / active):
- minimum: 93.2193 / 97.1727
- maximum: 97.9388 / 97.9388
- weighted average: 97.8877 / 97.8913
Yield on submitted orders, % APR (all / active):
- minimum: 4.3400 / 4.3400
- maximum: 14.9999 / 5.9999
- weighted average: 4.4498 / 4.4422
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* active orders - orders, not annulled by trade participants
as at the moment of order submission, including confirmed
by Confirmation system participants.
PLACEMENT RESULTS*:
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Accepted orders, bonds: 110,000,000
Accepted orders, tenge: 10,773,268,000.00
Accepted orders, % of plan: 220.0
Price in accepted orders, %: 97.9388
Bond yield to maturity for buyer, % APR: 4.3400
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Pension market entities constituted for 37.8 % of orders, Kazakhstan second-tier
banks (STB) - 60.6 %, brokerage and dealer companies - 1.5 %.
According to Central Securities Depository (Almaty) all deals on palcemento f
MEKKAM-6 of 187th issue by the end of settlement were executed 31.8 % of
placed obligations were purchased by pension market entities, 68.2 % - STB.
With account to the earlier placement, the full volume of MEKKAM-6 of 187th
issue (KZK1KY061873) reached 260,200,000 bonds for a total of
KZT26,020,000,000.00.
MEKKAM 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.
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
[2009-09-28]