/KASE, October 22, 10/ - Kazakhstan Stock Exchange (KASE) informed - an
attempt to place government long-term treasury bills of the Kazakhstan
Finance Ministry (MEUKAM) was made on October 22, 2010 in the KASE
trading system, on the terms as below (Almaty time).
ISSUE PARAMETERS:
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Security type: MEUKAM-144
National identification number: KZKDKY120027
Issue order number: 2 / 144
KASE trade code: MUM144_0002
Nominal value, tenge: 1,000.00
Payment date: October 22, 2010
First circulation date: October 22, 2010
Last circulation date: October 21, 2022
Maturity date: October 22, 2022
Circulation term: 12 years (4,320 days)
Coupon payment period: once a year
Coupon payment date: October 22, each year
Time base: 30 / 360
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PLACEMENT 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 price (rate)
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ASK PARAMETERS:
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Trades - primary dealers: 21
Submitted orders (total / active): 50 / 45
including:
- limited: 45 / 40
- market: 5 / 5
Volume of active orders*, m tenge: 31,318.0
Including:
- limited: 26,341.0
- market: 4,977.0
Ask to bid, %: 223.7
Coupon rate on submitted orders, % APR (total / active):
- minimum 0.01 / 5.40
- maximum 7.50 / 7.50
- weighted average 5.9910 / 6.2424
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*active orders - orders, not annulled by trade participants as at the expiry of
order submission, including those confirmed by Confirmation system participants.
Pension market entities accounted for 23.3 % of all active orders, Kazakhstan
second-tier banks (STB) - 41.2 %,their clients - 9.6 %, brokerage and dealer
companies - 10.4 %, their clients - 15.5 %.
The Ministry of Finance of the Republic of Kazakhstan has declared the auction
as failed due to an unsatisfactory price established on submitted orders.
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
[2010-10-22]