/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:
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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
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PLACEMENT TERMS:
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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)
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BID PARAMETERS:
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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
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* Active orders - orders, not annulled by traders
at the moment of order submission expiry, including those confirmed
by Confirmation system members.
PLACEMENT RESULTS:
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Accepted orders, bills: 6,666,666
Accepted orders, % of plan: 47.6
Ставка купона, % годовых: 3.60
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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]