/KASE, November 23, 11/ - Kazakhstan Stock Exchange (KASE) informs that a
special trading session for placement of government long-term treasury
obligations of the Ministry of Finance of the Republic of Kazakhstan (MEUKAM)
took place in KASE trading system on November 23, 2011. Below are the main
parameters of the issue, terms and results of placement (Almaty time).
ISSUE PARAMETERS:
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Security type: MEUKAM-180
National identification number: KZKDKY150107
Issue order number: 5 / 180
KASE trade code: MUM180_0005
Nominal value, tenge: 1,000.00
Payment date: November 23, 2011
First circulation date: November 23, 2011
Last circulation date: November 22, 2026
Maturity date: November 23, 2026
Circulation term: 15 years (5,400 days)
Coupon payment: once a year
Coupon payment date: November 23, annually
Time base: 30 / 360
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PLACEMENT TERMS:
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Declared volume, m. tenge: 17,000.0
Trade subject: coupon rate
Market order satisfaction share, %: 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 satisfaction method: at striking price (rate)
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ASK PARAMETERS
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Participants - primary dealers: 10
Submitted orders (total / active): 49 / 17
Including:
- limited: 45 / 14
- market: 4 / 3
Volume of active orders*, m tenge: 30,800.0
including:
- limited: 17,900.0
- market: 12,900.0
Ask to bid, %: 181.2
Coupon rate on submitted orders, % APR (total / active):
- minimum 5.00 / 5.00
- maximum 6.00 / 5.70
- weighted average 5.5416 / 5.2134
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* active orders - orders, not annulled by trade participants
on expiry of order submission period, including that confirmed
by Confirmation system participants.
PLACEMENT RESULTS:
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Volume of satisfied orders, bonds: 20,100,000
Number of satisfied orders: 8
Volume of satisfied orders, % of plan: 118.2
Coupon rate, % APR: 5.00
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In the total volume of active orders pension market entities accounted for
40.9 %, Kazakhstan STBs - 6.5 %, STB's clients - 39.0 %, brokerage and dealer
companies - 2.1 %, their clients - 11.5 %.
According to data of Central Securities Depository (Almaty) all deals on
placement of MEUKAM-180 of the fifth issue by the end of settlement of results
of trade were executed. 47.8 % of the total volume of placed bonds were
purchased by pension market entities, 39.8 % - by STB's clients, 12.4 % - by
clients of brokerage and dealer 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
[2011-11-23]