/KASE, June 16, 10/ - The Kazakhstan Stock Exchange (KASE) informed that on
June 16, 2010 KASE held special trades to place government short-term
treasury bonds of the Kazakhstan Finance Ministry (MEKKAM) on the terms
as below (discount bonds, Almaty time).
ISSUE PARAMETERS:
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Security type: MEKKAM-12
National identification number: KZK1KY011081
Issue order number: 108 / 12
KASE trade code: MKM012_0108
Nominal value, tenge: 100.00
Payment date: June 16, 10
First circulation date: June 16, 10
Last circulation date: June 15, 11
Maturity date: June 16, 11
Circulation term: 365 days
Time base: actual / actual
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PLACEMENT TERMS:
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Declared placement volume, m tenge: 13,000.0
Trade subject: bond price
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: till 15:00 (Т+0)
Payment time: till 15:00 (Т+0)
Limit order acceptance method: at submitted price
Market order acceptance method: at weighted average
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ПАРАМЕТРЫ СПРОСА:
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Traders - primary dealers: 8
Submitted orders (total / active): 17 / 17
including:
- limit: 12
- market: 5
Active orders*, m tenge: 50,992.0
including:
- limit: 28,618.5
- market: 22,373.5
Ask to bid, %: 403.2
Price on submitted price, % (all / active):
- minimum: 96.6184
- maximum: 98.0392
- weighted average: 97.2757
Yield on submitted orders, % APR (all / active):
- minimum: 2.0000
- maximum: 3.5000
- weighted average: 2.8006
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* active orders - orders, not annulled by traders
at expiry of order submission, including those confirmed
by Confirmation System participants.
PLACEMENT RESULTS*:
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Accepted orders, bonds: 73,333,333
Accepted orders, tenge: 7,189,541,300.65
Accepted orders, % of plan: 56.4
Price in accepted orders, %: 98.0392
Yield to maturity for buyer, % APR: 2.0000
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Pension funds submitted 8.8 % orders, Kazakh STB - 50.5 %, STB clients -
40.1 %, brokerage and dealer companies - 0.4 %, their clients - 0.2 %.
According to Central Securities Depository all deals on placement of MEKKAM-
12 of 108th issue by the end of settlement on trade results were executed.
30.3 % of orders were purchased by pension funds, 3.0 % - STB, 63.9 % - STB
clients, 2.7 % - clients of brokerage and dealer companies.
MEKKAM sold by the Kazakhstan Finance Ministry shall automatically be
admitted to circulation on the KASE secondary market under the trade code as in
the table.
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
[2010-06-16]