On January 25, Kazakhstan Finance Ministry placed 2.8 m MEUKAM-156 of 3rd issue (KZKDKY130034) at 5.15 % APR

25.01.11 17:35
/KASE, January 25, 11/ - Kazakhstan Stock Exchange (KASE) has informed that on January 25, 2011 KASE held special trades to place government long-term treasury bonds of the Kazakhstan Finance Ministry (MEUKAM) on the terms as below (Almaty time). ISSUE PARAMETERS: ---------------------------------------------- -------------------------------- Security type: MEUKAM-156 National identification number: KZKDKY130034 Issue order number: 3 / 156 KASE trade code: MUM156_0003 Nominal value, tenge: 1,000.00 Payment date: January 25, 2011 First circulation date: January 25, 2011 Last circulation date: January 24, 2024 Maturity date: January 25, 2024 Circulation: 13 years (4,680 days) Coupon payment period: once a year Coupon payment schedule: January 25, each year Time base: 30 / 360 ---------------------------------------------- -------------------------------- PLACEMENT TERMS: ---------------------------------------------- -------------------------------- 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) ---------------------------------------------- -------------------------------- ASK PARAMETERS: ---------------------------------------------- -------------------------------- Traders - primary dealers: 19 Submitted orders (total / active): 40 / 38 including: - limit: 31 / 29 - market: 9 / 9 Active orders*, m tenge: 51 290.0 including: - limit: 28,350.0 - market: 22,940.0 Ask to bid, %: 366.4 Coupon rate on submitted orders, % APR (all / active): - minimum: 5.10 / 5.10 - maximum: 7.50 / 7.50 - weighted average: 5.8937 / 5.9180 -------------------------------------------------------------------------------- * active orders - orders, not annulled by traders at expiry of order submission, including those confirmed by Confirmation System participants. PLACEMENT RESULTS: -------------------------------------------------------------------------------- Accepted orders, bonds: 2,833,333 Accepted orders, % of plan: 20.2 Coupon rate, % APR: 5.15 -------------------------------------------------------------------------------- In the total number of active orders pension market entities constituted - 27.9 %, Second Tier Banks (STB) - 26.3 %, STB clients - 24.6 %, brokerage and dealer companies - 3.9%, their clients - 17.3 %. According to Central Securities Depository all deals on placement of MEUKAM- 156 of 3rd issue by the end of settlement on trade results were executed. 8.5 % of total offered bonds were purchased by pension market entities, 25.9 % - by STB, 29.4 % - by STB clients, 8.8% - by brokerage and dealer companies, 27.3% - by their clients. MEUKAM 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 securities must quote in KASE trading systems at net prices. 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 [2011-01-25]