/KASE, July 4, 12/ - Kazakhstan Stock Exchange (KASE) informs that on July 4,
2012 the special trading session was held in KASE trading system to place
government short-term treasury bonds of the Ministry of Finance of the
Republic of Kazakhstan (MEKKAM) on the below terms (discount bonds,
Almaty time).
ISSUE PARAMETERS:
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Security type: MEKKAM-12
National identification number: KZK1KY011248
Issue order number: 124 / 12
KASE trade code: MKM012_0124
Nominal value, tenge: 100.00
Payment date: July 4, 12
First circulation date: July 4, 12
Last circulation date: July 3, 13
Maturity date: July 4, 13
Circulation term: 365 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)
Limited 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: 6
Submitted orders (total / active): 9 / 9
including:
- limited: 3
- market: 6
Active orders*, m tenge: 15,443.7
including:
- limited: 2,940.0
- market: 12,503.7
Bid to ask, %: 157.6
"Net" price on submitted orders, % (all / active):
- minimum: 97.8000
- maximum: 98.0873
- weighted average: 97.9990
Yield on submitted orders, % APR (all / active):
- minimum: 1.9500
- maximum: 2.2495
- weighted average: 2.0418
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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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Volume of accepted orders, bonds: 100,000,000
Volume of accepted orders, tenge: 9,799,901,000.00
Number of orders accepted: 9
Volume of accepted orders, % of plan: 100.0
Price in accepted orders, %:
- minimum (cut-off): 97.8000
- maximum: 98.0873
- weighted average: 97.9990
Yield of bonds to maturity for buyer, % APR:
- minimum: 1.9500
- maximum: 2.2495
- weighted average: 2.0419
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In the total volume of active orders second tier banks (STB) accounted for
63.5 %, STB clients - 36.5%.
According to Central Securities Depository, all deals on placement of MEKKAM-
12 of 124th issue by the end of settlement on trade results were executed.
63.9 % of the total offered bonds were purchased by STB, 36.1 % - STB clients.
MEKKAM sold by Kazakhstan's Ministry of Finance 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
[2012-07-04]