/KASE, June 25, 10/ - Kazakhstan Stock Exchange (KASE) informed
a special trade will be held to place government long-term savings treasury
bonds of the Kazakhstan Finance Ministry (MEUJKAM) on June 29, 2010 on
the terms as below (Almaty time).
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Security type: MEUJKAM -228
National identification number: KZKAKY190031
Issue order number: 3 / 228
KASE trade code: MUJ228_0003
Nominal value, tenge: 1,000.00
Payment date: June 29, 10
First circulation date: June 29, 10
Last circulation date: June 28, 29
Maturity date: June 29, 29
Circulation term: 19 years (6,840 days)
Coupon payment period: once a year*
Coupon payment schedule: 1 July 7, 11
2 July 6, 12
3 July 5, 13
4 July 7, 14
5 July 7, 15
6 July 7, 16
7 July 7, 17
8 July 6, 18
9 July 5, 19
10 July 7, 20
11 July 7, 21
12 July 7, 22
13 July 7, 23
14 July 5, 24
15 July 7, 25
16 July 7, 26
17 July 7, 27
18 July 7, 28
19 July 6, 29
Time base: 30 / 360
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Declared placement volume, m tenge: 13,000.0
Trade subject: fixed coupon
Special terms on trade: equals or exceeds null
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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* on the fifth business day of the month in each 12 full calendar months of
circulation.
Money invested in MEUJKAM is indexed through calculation of an indexed
coupon, received from a sum of fixed coupon determined at the placement, and
inflation rate for the elapsed coupon period.
As a price the order shall indicate fixed coupon in APR of nominal bond value,
expressed within the second decimal place. This is a trade subject.
MEUJKAM are government bonds, placed among Kazakhstan pension funds.
MEUJKAM shall circulate among such investors during the first half of circulation
term. Then the bonds shall circulate freely.
Orders to special trade may only be submitted by members of KASE stock
market members category (entitled to trade in government securities circulating
on KASE), operating as primary dealers. Investors may submit orders through
such legal entities. The full list of this category members is available on the
KASE website at
http://www.kase.kz/en/membership
Primary dealers must before 15:00 p.m. on the trade day provide money
available at the money account used for settlement on deals in securities in
accordance with the rules of Central Securities Depository (Almaty), in the
amount sufficient for payment of acquired treasury obligations (based on
assumption that all orders submitted by primary dealers and accepted by KASE
are subject to acceptance).
Rules on Issue, Placement, Circulation, Service and Maturity of Government
Treasury Obligations of the Republic of Kazakhstan are available on the KASE
website at
http://www.kase.kz/files/mix/newgko.pdf
Rules on Placement of Government Treasury Obligations of the Republic of
Kazakhstan are available on the KASE website at
http://www.kase.kz/files/normative_base/mekam_placement_eng.pdf
Regulations on Trading Methods are available on the KASE website at
http://www.kase.kz/files/normative_base/methods_eng.pdf
[2010-06-25]