/KASE, November 16, 11/ - Kazakhstan Stock Exchange (KASE) has informed that on
November 16, 2011 a special trading session was held in KASE trading system to
place government long-term treasury bonds of Kazakhstan's Finance Ministry
(MEUKAM) on the terms as below (Almaty time).
ISSUE PARAMETERS:
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Security type: MEUKAM-168
National identification number: KZKDKY140025
Issue order number: 2 / 168
KASE trade code: MUM168_0002
Nominal value, tenge: 1,000.00
Payment date: November 16, 2011
First circulation date: November 16, 2011
Last circulation date: November 15, 2025
Maturity date: November 16, 2025
Circulation: 14 years (5,040 days)
Coupon payment period: once a year
Coupon payment schedule: November 16, annually
Time base: 30 / 360
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PLACEMENT TERMS:
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Declared placement volume, m tenge: 17,000.0
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: 15
Submitted orders (total / active): 355 / 26
including:
- limit: 349 / 22
- market: 6 / 4
Active orders*, m tenge: 41,500.0
including:
- limit: 25,200.0
- market: 16,300.0
Ask to bid, %: 244.1
Coupon rate on submitted orders, % APR (all/active):
- minimum: 5.00 / 5.00
- maximum: 6.50 / 6.50
- weighted average: 5.0169 / 5.2576
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* active orders - orders, not annulled by traders at expiry of order
submission, including those confirmed by Confirmation System participants.
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Accepted orders, bonds: 17,000,000
Accepted orders: 7
Accepted orders, % of plan: 100.0
Coupon rate, % APR: 5.00
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In the total number of active orders pension market entities constituted 33.7 %,
Second Tier Banks (STB) - 13.2 %, STB clients - 39.3 %, brokerage and dealer
companies - 1.7 %, clients of brokerage and dealer companies - 12.1 %.
According to Central Securities Depository all deals on placement of MEUKAM-168
of the second issue by the end of settlement on trade results were executed.
33.8 % of total offered bonds were purchased by pension market entities,
48.5 % - by STB clients, 17.7% - by brokers' clients.
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
[2011-11-16]