/KASE, October 15, 10/ - Kazakhstan Stock Exchange (KASE) informs that
KASE held special trade in the KASE trading system on placement of
government long-term treasury bonds of the Kazakhstan Finance Ministry
(MEUKAM) on October 15, 2010 on the terms as below (Almaty time).
ISSUE PARAMETERS:
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Security type: MEUKAM -72
National identification number: KZKDKY060066
Issue order number: 6 / 72
KASE trade code: MUM072_0006
Nominal value, tenge: 1,000.00
Payment date: October 15, 2010
First circulation date: October 15, 2010
Last circulation date: October 14, 2016
Maturity date: October 15, 2016
Circulation term: 6 years (2,160 days)
Coupon payment period: once a year
Coupon payment date: October 15 of each year
Time base: 30 / 360
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ISSUE TERMS:
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Declared placement volume, m tenge: 14,000.0
Trade subject: coupon rate
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 (rate) price
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ASK PARAMETERS:
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Traders - primary dealers: 22
Submitted orders (all / active): 43 / 41
including:
- limit: 35 / 34
- market: 8 / 7
Active orders*, m tenge: 37,007.5
including:
- limit: 21,007.5
- market: 16,000.0
Ask to bid, %: 264.3
Coupon rate on submitted orders, % APR (total / active):
- minimum 4.00 / 4.00
- maximum 6.20 / 6.20
- weighted average 5.5599 / 5.5620
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* active orders - those, not annulled by traders as
at the moment of submission order expiry, including confirmed
by Confirmation System members.
PLACEMENT RESULTS:
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Accepted orders, bills: 20,178,333
Accepted orders, % of plan: 144.1
Coupon rate, % APR: 5.40
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Pension funds market operators accounted for 8.1 % of orders, Kazakhstan
second-tier banks (STBs) - 61.5 %, STBs' clients - 12.6 %, brokerage and
dealer companies - 2.9 %, their clients - 14.9%.
According to Central Securities Depository (Almaty) all deals on placement of
MEUKAM-72 of the sixth issue by the settlement end were executed. 59.3 % of
the placed bonds were purchased by STBs, 20.8 % - by STBs' clients, 4.1 % -
by brokerage and dealer companies, 15.8% - by their clients.
MEUKAM sold by the Ministry of Finance shall automatically be admitted to
circulation on the KASE secondary market under the trade code as in the table.
At that the bills shall be quoted in the KASE trading system in net prices.
The text of the Rules on issue, placement, circulation, service and maturity of
government treasury bills 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 bills of the Republic
of Kazakhstan is available on the KASE website at
http://www.kase.kz/files/normative_base/mekam_placement_eng.pdf
[2010-10-15]