/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:
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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, 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
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PLACEMENT TERMS:
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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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ASK PARAMETERS:
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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
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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: 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
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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]