On August 23 Kazakhstan's Ministry of Finance placed 2.1 m MEUKAM-108 of ninth issue (KZKDKY090097) on KASE at 5.00 % APR

23.08.12 16:49
/KASE, August 23, 12/ - Kazakhstan Stock Exchange (KASE) announces that on August 23, 2012 KASE held a special trading session to place government long- term treasury bonds of Kazakhstan's Ministry of Finance (MEUKAM) on the terms as below (Almaty time). ISSUE PARAMETERS: --------------------------------------------------------------------------------- Security type: MEUKAM-108 National identification number: KZKDKY090097 Issue order number: 9 / 108 KASE trade code: MUM108_0009 Nominal value, tenge: 1,000.00 Payment date: August 23, 2012 First circulation date: August 23, 2012 Last circulation date: August 22, 2021 Maturity date: August 23, 2021 Circulation term: 9 years (3,240 days) Coupon payment periodicity: once a year Coupon payment date: August 23, annually Time base: 30 / 360 --------------------------------------------------- ----------------------------- PLACEMENT TERMS: --------------------------------------------------- ----------------------------- Declared placement volume, m tenge: 20,000.0 Trade subject: coupon rate 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) Order acceptance method: at striking (rate) price --------------------------------------------------- ----------------------------- BID PARAMETERS: --------------------------------------------------- ----------------------------- Number of participants: 3 Number of orders submitted (total / active): 5 / 5 including: - limited: 4 / 4 - market: 1 / 1 Active orders*, m tenge: 4,080.0 including: - limited: 4,000.0 - market: 80.0 Bid to ask, %: 20.4 Coupon rate on orders submitted, % APR: - minimum 4.90 - maximum 5.35 - weighted average 5.09 --------------------------------------------------------------------------------- * 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: 2,080,000 Number of orders accepted: 3 Volume of accepted orders, % of plan: 10.4 Coupon rate, % APR: 5.00 --------------------------------------------------------------------------------- In the total number of active orders Second Tier Banks (STB) constituted 98.0 %, STB clients - 2.0 %. According to Central Securities Depository, all deals on placement of MEUKAM-108 of the ninth issue by the end of settlement on trade results were executed. 96.2 % of total offered bonds were purchased by STBs, 3.8 % - by STB clients. MEUKAM sold by Kazakhstan's Ministry of Finance shall automatically be admitted to circulation on KASE secondary market under the trade code as in the table. The securities must quote in KASE trading systems at 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 [2012-08-23]