Kazakhstan Ministry of Finance placed another 40.0 m MEKKAM-12 of 124th issue (KZK1KY011248) at KASE on August 6 raising KZT3.9 bn at 2.02 % APR

06.08.12 17:10
/KASE, August 6, 12/ - Kazakhstan Stock Exchange (KASE) informs that on August 6, 2012 a repeated 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 terms as below (discount bonds, Almaty time). ISSUE PARAMETERS: --------------------------------------------------------------------------------- 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, 2012 First circulation date: July 4, 2012 Last circulation date: July 3, 2013 Maturity date: July 4, 2013 Circulation term: 1 year (365 days) Time base: actual / actual ------------------------------------------------- ------------------------------- PLACEMENT TERMS: ------------------------------------------------- ------------------------------- 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 ------------------------------------------------- ------------------------------- ASK PARAMETERS: ------------------------------------------------- ------------------------------- Traders - primary dealers: 2 Submitted orders (total / active): 2/ 2 including: - limited: 2 - market: 0 Active orders*, m tenge: 3,927.8 Bid to ask, %: 40.0 "Net" price on submitted orders, % (all / active): - minimum: 98.1766 - maximum: 98.2133 - weighted average: 98.1950 Yield on submitted orders, % APR (all / active): - minimum: 2.0000 - maximum: 2.0419 - weighted average: 2.0209 --------------------------------------------------------------------------------- * active orders - orders, not annulled by traders at expiry of order submission, including those confirmed by Confirmation System participants. PLACEMENT RESULTS: --------------------------------------------------------------------------------- Volume of accepted orders, bonds: 40,000,000 Volume of accepted orders, tenge: 3,927,798,000.00 Number of orders accepted: 2 Volume of accepted orders, % of plan: 40.0 Price in accepted orders, %: - minimum (cut-off): 98.1766 - maximum: 98.2133 - weighted average: 98.1950 Yield of bonds to maturity for buyer, % APR: - minimum: 2.0000 - maximum: 2.0419 - weighted average: 2.0209 --------------------------------------------------------------------------------- The entire volume of active orders originated from Kazakhstan's second tier banks. 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. Taking into account the earlier placement, the total volume of MEKKAM-12 of issue 124 (KZK1KY011248) made up 140,000,000 bonds at the face value of KZT14,000,000,000.00. 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 [2012-08-06]