/KASE, August 5, 10/ - The Kazakhstan Stock Exchange (KASE) informed that
on August 5, 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-6
National identification number: KZK1KM061907
Issue order number: 190 / 6
KASE trade code: MKM006_0190
Nominal value, tenge: 100.00
Payment date: August 5, 10
First circulation date: August 5, 10
Last circulation date: February 4, 11
Maturity date: February 5, 11
Circulation term: 184 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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ASK PARAMETERS:
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Traders - primary dealers: 10
Submitted orders (total / active): 35 / 33
including:
- limit: 23 / 21
- market: 12 / 12
Active orders*, m tenge: 60,759.6
including:
- limit: 25,004.6
- market: 35,755.0
Ask to bid, %: 472.0
Price on submitted price, % (all / active):
- minimum: 98.7554 / 98.7554
- maximum: 99.2992 / 99.2992
- weighted average: 99.0321 / 99.0279
Yield on submitted orders, % APR (all / active):
- minimum: 1.4000 / 1.4000
- maximum: 2.5000 / 2.5000
- weighted average: 1.9387 / 1.9473
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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, bills: 130 000 000
Accepted orders, tenge: 12 903 317 299,98
Accepted orders, % of plan: 100,0
Price in accepted orders, %:
- minimum (striking): 99,2495
- maximum 99,2992
- weighted average: 99,2563
Yield of bills to maturity for buyer, % APR:
- minimum: 1,4000
- maximum 1,5000
- weighted average: 1,4863
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Pension funds submitted 16.3 % orders, STB - 70.6 %, STB clients - 9.5 %,
brokerage and dealer companies clients - 3.6 %.
According to Central Securities Depository all deals on placement of MEKKAM-6
of 190th issue by the end of settlement on trade results were executed. 17.5 %
of orders were purchased by pension funds, 61.8 % - STB, 11.2 % - STB clients,
9.5 % - 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
[2010-08-05]