/KASE, September 17, 10/ - Kazakhstan Stock Exchange (KASE) informed
KASE held special trade on placement of mid-term bonds of Akimat of Almaty
on September 17, 2010 on the terms as below (Almaty time).
Issue parameters:
--------------------------------------------------------- ----------------------
Security type: mid-term debt
securities of
Almaty city local
executive body
National identification number: KZAEKY050024
Issue order number: 2
KASE trade code: ALK060_002
Nominal value, tenge: 1,000.00
Payment date: September 17, 10
First circulation date: September 17, 10
Last circulation date: September 16, 15
Maturity date: September 17, 15
Circulation term: 5 years (1,800 days)
Coupon payment period: 2 times annually
Coupon payment schedule: 1 March 17, 11
2 September 17, 11
3 March 17, 12
4 September 17, 12
5 March 17, 13
6 September 17, 13
7 March 17, 14
8 September 17, 14
9 March 17, 15
10 September 17, 15
Time base: 30 / 360
--------------------------------------------------------- ----------------------
Placement terms:
--------------------------------------------------------- ----------------------
Declared placement volume, m tenge: 130.0
Trade subject: coupon rate
Market order acceptance ratio, %: 0
Order submission method: closed
Order receipt time: 10:30-12:30
Order confirmation time: 12:30-13:00 (Т+0)
Striking time: before 16:00 (Т+0)
Payment time: before 16:00 (Т+0)
Order acceptance method: at striking (rate)
price
--------------------------------------------------------- ----------------------
Ask parameters:
--------------------------------------------------------- ----------------------
Number of participants - primary dealers: 8
Number of placed orders (total / active): 27 / 26
Volume of active orders*, m tenge: 1,827.1
Ask to bid, times: 14.1
Coupon rate on placed orders,
%, (on all / on active):
- minimum: 5.00 / 6.20
- maximum: 7.50 / 7.50
- weighted: 6.2007 / 6.4471
--------------------------------------------------------------------------------
* active orders - orders, not cancelled by trade participants
as at the order placement period close, including those
confirmed by Confirmation system participants. Placement results:
--------------------------------------------------------------------------------
Number of accepted orders, bonds: 130,000
Volume of acceptance, % of plan: 100.0
Coupon rate, % APR: 6.20
--------------------------------------------------------------------------------
Of the total volume of active orders the pension funds market participants
accounted for 72.8 %, brokers-dealers - 20. %, their customers - 7.1 %.
According to Central Securities Depository (Almaty) all of Akimat of Almaty
second issue mid-term bonds placement deals were completed by trade results
as at settlements close. The entire volume of offered bonds was bought by one of
pension funds market participants.
From September 17, by KASE Managing Board decision these bonds are
admitted to KASE official list.
The text of the Rules on issue by a local executive body of republican importance
of securities intended for circulation in the internal market is available on the
KASE website at
http://www.kase.kz/files/mix/post_1520.pdf
[2010-09-17]