/KASE, August 3, 12 / - Kazakhstan Stock Exchange (KASE) announces that
repeated special trading session will be held on August 6, 2012 in KASE
trading system to place government short-term treasury bills of Kazakhstan
Finance Ministry (MEKKAM) on the terms as below (discount bills, Almaty
time).
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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
Volume of circulating bonds, units: 100,000,000
Payment date: August 6, 12
First circulation date: July 4, 12
Last circulation date: July 3, 13
Maturity date: July 4, 13
Circulation term: 1 year (365 days)
Time base: actual / actual
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Declared placement volume, m tenge: 100 000 000
Trade subject: bonds "net" 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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As the price an order must indicate the "net" price (without taking
into account the interest accrued) of bonds in per cent of the face value,
expressed in annual percentage from the bond's face value with accuracy
within the fourth decimal. This indicator is the trade subject.
Trades participants must by the time specified in the table provide money
available at the money account used for settlement on deals in securities
in accordance with the rules of Central Securities Depository (Almaty), in
the amount sufficient for payment of acquired treasury obligations (based on
assumption that all orders submitted by primary dealers and accepted by KASE
are subject to acceptance).
In case of full or partial acceptance of submitted orders the corresponding
amount must be paid in compliance with 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
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 Regulations on methods of trading is available on the KASE website at
http://www.kase.kz/files/normative_base/methods_eng.pdf
KASE reminds that according to Resolution # 61 of the Management Board of
the National Bank of the Republic of Kazakhstan dated February 24, 2012
"On Making Changes and Additions to resolution # 170 of the Agency of the
Republic of Kazakhstan on Regulation and Supervision of Financial Market
and Financial Organizations (FSA) dated October 29, 2008 "On Approval of
the Rules of Execution of Activities of Organizers of Trading in Securities
and Other Financial Instruments", from July 15, 2012 orders for participation
in special trade for initial offering of government securities of the Republic
of Kazakhstan may only be submitted by members of KASE stock market - second-
tier banks, accumulative pension funds or institutions carrying out investment
management of pension assets. Second-tier banks can carry out transactions on
behalf and at the account and in interest of clients who are second-tier banks,
accumulative pension funds, insurance organizations holding a license for "life
insurance" activities or organizations carrying out investment management of
pension assets. Organizations carrying out investment management of pension
assets take part in trading only at the account and in interest of an
accumulative pension fund.
The text of the Rules of Execution of Activities of Organizers of Trading in
Securities and Other Financial Instruments is published on KASE website, at
http://www.kase.kz/files/normative_base/post_170.pdf
[2012-08-03]