/KASE, August 15, 11/ - Kazakhstan Stock Exchange (KASE) informs that a
special trading session to place government long-term treasury bills of the
Kazakhstan Finance Ministry (MEUKAM) was held on August 15, 2011 in
KASE trading system. The table shows the main parameters of issue, terms and
results of placement (Almaty time).
ISSUE PARAMETERS:
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Security type: MEUKAM-132
National identification number: KZKDKY110044
Issue order number: 4 / 132
KASE trade code: MUM132_0004
Nominal value, tenge: 1,000.00
Number of bonds in circulation, units: 8,000,000
Payment date: August 15, 2011
First circulation date: June 9, 2011
Last circulation date: June 8, 2022
Maturity date: June 9, 2022
Circulation term: 11 years (3,960 days)
Coupon rate: 4.93 % APR
Coupon payment period: once a year
Coupon payment date: June 9 annually
Time base: 30 / 360
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PLACEMENT TERMS:
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Declared placement volume, m tenge: 10,000,000
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: 10
Submitted orders (all / active): 32 / 26
including:
- limit: 30 / 26
- market: 2 / 0
Active orders*. m tenge: 23,446.2
including: 232.8
- limit:
- market: 85.0000 / 91.6406
Ask to bid. %: 103.6036 / 103.6036
Coupon rate on submitted orders. % APR (all / active): 100.3558 / 99.8100
- minimum
- maximum 4.50 / 4.50
- weighted average 6.94 / 6.00
Traders - primary dealers: 4.8789 / 4.9446
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* active orders - orders. not annulled by traders at the order submission
expiry. including those confirmed by Confirmation system members.
PLACEMENT RESULTS:
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Accepted orders, bonds: 11,300,000
Accepted orders, tenge: 11,428,100,566.67
Number of satisfied orders: 8
Volume of satisfied orders. % of plan: 113.0
"Net" price in of satisfied orders. %: 100.2298
Yield to maturity for a buyer. % APR:
4.9000
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Pension market entities submitted 21.1 % of all active orders, Kazakhstan
second-tier banks (STB) - 27.9 %, STB clients - 31.8 %, brokerage and dealing
companies clients - 19.2 %.
According to Central Securities Depository (Almaty) all deals on placement of
MEUKAM-132 of the fourth issue by the end of trade settlement were executed
16.8 % of bonds were purchased by pension funds, 8.9 % - STB, 65.5 % - STB
clients, 8.9 % - clients of brokerage and dealing companies.
MEUKAM sold by the Ministry of Finance shall be automatically admitted to
circulation on the secondary market under the trade code as in the table. The
bills will be quoted in 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
[2011-08-15]