Kazakhstan Finance Ministry places 6.7 m MEOKAM-36 of 80th issue (KZK2KY030809) at 3.60 % APR

10.06.10 19:25
/KASE, June 10, 10/ - Kazakhstan Stock Exchange (KASE) informed - a special trade was held on June 10, 2010 in the KASE trading system to place government mid-term treasury bills of the Kazakhstan Finance Ministry (MEOKAM) on the terms as below (Almaty time). ISSUE PARAMETERS: ----------------------------------- ------------------------ Security type: MEOKAM-36 National identification number: KZK2KY030809 Issue order number: 80 / 36 KASE trade code: MOM036_0080 Nominal value, tenge: 1,000.00 Payment date: 10.06.10 First circulation date: 10.06.10 Last circulation date: 09.06.13 Maturity date: 10.06.13 Circulation term: 3 years (1,080 days) Coupon payment period: 2 times a year Upcoming coupon payment schedule: 1 10.12.10 2 10.06.11 3 10.12.11 4 10.06.12 5 10.12.12 6 10.06.13 Time base: 30 / 360 ----------------------------------- ------------------------ PLACEMENT TERMS: ----------------------------------- ------------------------ Declared placement volume, m tenge: 10,000.0 Trade subject: coupon rate Market order acceptance ratio, %: 70 Order submission method: closed Order receipt time: 09:00-11:00 Order confirmation time: 09:00-11:30 (Т+0) Striking time: before 15:00 (Т+0) Payment time: before 15:00 (Т+0) Order acceptance method: at striking price (rate) ----------------------------------- ------------------------ BID PARAMETERS: ----------------------------------- ------------------------ Traders - primary dealers: 14 Submitted orders (all / active): 42 / 41 including: - limit: 34 / 33 - market: 8 / 8 Active orders*, m tenge: 66,453.0 including: - limit: 57,830.0 - market: 8,623.0 Bid to ask, %: 474.7 Coupon rate on submitted orders, % APR (all / active): - minimum: 3.50 / 3.50 - maximum: 10.00 / 10.00 - weighted average: 4.8863 / 4.9101 ------------------------------------------------------------ * Active orders - orders, not annulled by traders at the moment of order submission expiry, including those confirmed by Confirmation system members. PLACEMENT RESULTS: ------------------------------------------------------------ Accepted orders, bills: 6,666,666 Accepted orders, % of plan: 47.6 Ставка купона, % годовых: 3.60 ------------------------------------------------------------ Pension funds submitted 13.0 % orders, Kazakh second-tier banks (STB) - 61.8 %, STB clients - 24.1 %, brokerage and dealer companies - 0.3 %, and clients - 0.8 %. According to Central Securities Depository (Almaty) all deals on placement of MEOKAM-36 of 80th issue by the end of trade settlement were executed. 2.0 % of placed bonds were purchased by pension funds, 24.4 % - STB, 70.6 % - STB clients, 3.0 % - clients of brokerage and dealer companies. MEOKAM sold by the Ministry of Finance shall automatically be admitted to KASE secondary market under the trade code as in the table. A that bills shall be quoted in net prices. The text of the Rules on issue, placement, circulation, service and maturity of government treasury obligations of the Republic of Kazakhstan is available on the KASE website at http://www.kase.kz/files/mix/newgko.pdf The text of the Rules on placement of government treasury obligations of the Republic of Kazakhstan is available on the KASE website at http://www.kase.kz/files/normative_base/mekam_placement_eng.pdf [2010-06-10]