/KASE, November 9, 11/ - Kazakhstan Stock Exchange (KASE) has informed that a
special trading session to place government mid-term treasury obligations of the
Kazakhstan Finance Ministry (MEOKAM) was held in KASE trading system on
November 9, 2011 on the terms as below (Almaty time).
ISSUE PARAMETERS:
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Security type: MEOKAM-60
National identification number: KZK2KY050419
Issue order number: 41 / 60
KASE trade code: MOM060_0041
Nominal value, tenge: 1,000.00
Payment date: November 9, 2011
First circulation date: November 9, 2011
Last circulation date: November 8, 2016
Maturity date: November 9, 2016
Circulation term: 5 years (1,800 days)
Coupon payment period: 2 times a year
Upcoming coupon payment schedule: 1 May 9, 2012
2 November 9, 2012
3 May 9, 2013
4 November 9, 2013
5 May 9, 2014
6 November 9, 2014
7 May 9, 2015
8 November 9, 2015
9 May 9, 2016
10 November 9, 2016
Time base: 30 / 360
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PLACEMENT TERMS:
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Declared placement volume, m tenge: 10,000.0
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 (rate) price
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ASK PARAMETERS:
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Participants - primary dealers: 14
Submitted orders (all / active): 38 / 34
including:
- limit: 29 / 27
- market: 9 / 7
Active orders*, m tenge: 36,225.0
including:
- limit: 20,900.0
- market: 15,325.0
Ask to bid, %: 362.3
Coupon rate on submitted orders, % (all / active):
- minimum: 3.00 / 3.00
- maximum: 5.00 / 5.00
- weighted average: 4.1439 / 4.0901
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* Active orders - orders, not annulled by traders at the moment of
order submission expiry, including those confirmed by Confirmation
system members.
PLACEMENT RESULTS:
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Accepted orders, bonds: 10,000,000
Number of satisfied orders: 8
Volume of satisfied orders, % of plan: 100.0
Coupon rate, % APR: 3.00
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Pension market entities accounted for 15.7 % of all active orders, Kazakhstan's
second-tier banks (STB) - 30.6 %, STB clients - 41.8%, clients of brokerage and
dealer companies - 11.9 %.
According to Central Securities Depository (Almaty) all deals on placement of
MEOKAM-60 of the 41st issue by the end of settlements on trades were executed.
From the placed bonds 4.9 % were bought by STB, 85.5 % - by STB clients,
9.6 % - by clients of brokers.
MEOKAM sold by the Ministry of Finance shall automatically be admitted to
circulation on the KASE secondary market under the trade code indicated in the
table. At that bonds must be quoted in the KASE trading system 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
[2011-11-09]