/KASE, October 1, 10/ - Kazakhstan Stock Exchange (KASE) informs that on
October 1, 2010 special trade was held in KASE trading system to additionally
place mid-term obligations of Almaty Akimat on the terms as below (Almaty
time).
ISSUE PARAMETERS:
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Security type: debt securities of Almaty
city local executive body
National identification number: KZAEKY050024
Issue order number: 2
KASE trade code: ALK060_002A2
Nominal value, tenge: 1,000.00
Payment date: October 1, 2010
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 rate: 6.20 % APR
Coupon payment period: 2 times a year
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
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PLACEMENT TERMS:
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Declared placement volume, m tenge: 870.0
Trade subject: bonds net price
Market order acceptance ratio, %: 0
Order submission method: closed
Order receipt time: 09:00-11:00
Order confirmation time: 11:00-11:30 (Т+0)
Striking time: before 16:00 (Т+0)
Payment time: before 16:00 (Т+0)
Order acceptance method: at declared price
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ASK PARAMETERS:
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Number of participants - primary dealers: 4
Number of submitted orders (total / active): 5 / 5
Volume of active orders*, m tenge: 2,242.6
Ask to bid, %: 256.7
Net price on limit orders, % APR:
- minimum: 99.9966
- maximum: 100.4193
- weighted: 100.1590
Yield on limit orders, % APR. (total / active):
- minimum: 6.10
- maximum: 6.20
- weighted: 6.1616
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*active orders - orders, not cancelled by trade participants
as at the order placement period close, including those
confirmed by Confirmation system participants.
PLACEMENT RESULTS:
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Number of accepted orders, bonds: 870,000
Volume of accepted orders, tenge: 875,585,442.57
Volume of accepted orders, % of plan: 100.0
Net price in accepted orders, %:
- minimum: 100.0170
- maximum: 100.4193
- weighted: 100.4009
Yield in accepted orders, % APR:
- minimum: 6.10
- maximum: 6.20
- weighted: 6.1043
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Of the total volume of active orders the pension funds market participants
accounted for 61.3 %, brokers-dealers - 0.4 %, their clients - 38.3 %.
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.
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
[2010-10-01]