/KASE, March 16, 11/ - Kazakhstan Stock Exchange (KASE) has informed that on
March 16, 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:
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Security type: MEUKAM-120
National identification number: KZKDKY100094
Issue order number: 9 / 120
KASE trade code: MUM120_0009
Nominal value, tenge: 1,000.00
Payment date: March 16, 2011
First circulation date: March 16, 2011
Last circulation date: March 15, 2021
Maturity date: March 16, 2021
Circulation: 10 years (3,600 days)
Coupon payment period: once a year
Coupon payment schedule: on March 16, annually
Time base: 30 / 360
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PLACEMENT TERMS:
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Declared placement volume, m tenge: 15,000.0
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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Traders - primary dealers: 16
Submitted orders (total / active): 45 / 42
including:
- limit: 38 / 36
- market: 7 / 6
Active orders*, m tenge: 38,337.0
including:
- limit: 22,901.0
- market: 15,436.0
Ask to bid, %: 255.6
Coupon rate on submitted orders, % APR (all / active):
- minimum: 1.00 / 1.00
- maximum: 5.98 / 5.98
- weighted average: 4.5719 / 4.5745
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* active orders - orders, not annulled by traders at expiry of order
submission, including those confirmed by Confirmation System
participants.
PLACEMENT RESULTS:
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Volume of accepted orders, bonds: 20,000,000
Number of accepted orders: 10
Volume of accepted orders, % of plan: 133.0
Coupon rate, % APR: 3.00
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In the total number of active orders pension market entities constituted -
13.9 %, Second Tier Banks (STB) - 19.6 %, STB clients - 47.3 %, brokerage and
dealer companies - 5.5%, their clients - 13.6 %.
According to Central Securities Depository all deals on placement of MEUKAM-120
of 9th issue by the end of settlement on trade results were executed. 10.9 %
of total offered bonds were purchased by pension market entities, 9.1 % - by
STB, 79.9 % - by STB clients, 0.2% - by clients of brokerage and dealer
companies.
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
[2011-03-16]