/KASE, November 2, 11/ - Kazakhstan Stock Exchange (KASE) informs that on
November 2, 2011 the repeated special trades were held in KASE trading
system to place government short-term treasury bonds of Kazakhstan
Finance Ministry (MEKKAM) on the terms as below (discount bonds, Almaty
time).
ISSUE PARAMETERS:
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Security type: МЕККАМ-12
National identification number: KZK1KY011206
Issue order number: 120 / 12
KASE trade code: MKM012_0120
Nominal value, tenge: 100.00
Payment date: November 2, 11
First circulation date: October 21, 11
Last circulation date: October 20, 12
Maturity date: October 21, 12
Circulation term: 366 days
Time base: actual / actual
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PLACEMENT TERMS:
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Declared placement volume, m tenge: 10,000.0
Trade subject: bond price
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)
Limit order acceptance method: at submitted price
Market order acceptance method: at weighted average
price
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ASK PARAMETERS:
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Traders - primary dealers: 4
Submitted orders (total / active): 7 / 7
including:
- limit: 1
- market: 6
Active orders*, m tenge: 13 879,5
including:
- limit: 1 673,2
- market: 12 206,3
Price on submitted orders, % (all / active): 98,4218
Yield on submitted orders, % APR (all / active): 1,6579
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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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Accepted orders, bonds: 56,666,666
Accepted orders, tenge: 5,577,235,267.73
Number of orders accepted: 7
Accepted orders, % of plan: 47.2
Price in accepted orders, %: 98.4218
Yield of bills to maturity for buyer, % APR: 1.6579
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In the total number of active orders pension market entities accounted
for 22.7 %, second tier banks' clients - 77.3 %.
According to Central Securities Depository, all deals on placement of
MEKKAM-12 of 120th issue by the end of settlement on trade results were
executed. 18.1 % of total offered bonds were purchased by pension market
entities, 81.9 % - by STB clients.
Considering the earlier placement the full volume of MEKKAM-12 of 120th
issue 120 (KZK1KY011206) made up 73,333,332 bonds to the face value amount
of KZT7,333,333,200.00.
MEKKAM 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 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
[2011-11-02]