/KASE, August 29, 12/ - Kazakhstan Stock Exchange (KASE) informs that the
special trading session to additionally place government mid-term treasury
bills of Kazakhstan Ministry of Finance (MEOKAM) was held on August 29,
2012 in KASE trading system. The table shows the main parameters of issue,
terms and results of placement (Almaty time).
ISSUE PARAMETERS:
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Security type: МЕОКАМ-48
National identification number: KZK2KY040444
Issue order number: 44 / 48
KASE trade code: MOM048_0044
Nominal value, tenge: 1,000.00
Payment date: 18,558,000
First circulation date: August 15, 2012
Last circulation date: August 15, 2012
Maturity date: August 14, 2016
Circulation term: August 15, 2016
Coupon payment periodicity: 4 years (1,440 days)
Coupon payment schedule: 1 4.50 % APR
Security type: February 15, 2013
2 August 15, 2013
3 February 15, 2014
4 August 15, 2014
5 February 15, 2015
6 August 15, 2015
7 February 15, 2016
8 August 15, 2016
Time base: 30 / 360
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PLACEMENT TERMS:
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Declared placement volume, m tenge: 15,000,000
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)
Order acceptance method: at striking price (rate)
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BID PARAMETERS:
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Number of traders - primary dealers: 6
Number of orders submitted (total / active): 6 / 6
including:
- limited: 6
- market: 0
Active orders*, m tenge: 6,694.0
Bid to ask, %: 44.0
"Net" price on orders submitted, % (all / active):
- minimum: 99.9959
- maximum: 101.8171
- weighted average: 100.9493
Yield on orders submitted, % APR (all / active):
- minimum: 3.50
- maximum: 4.50
- weighted average: 3.9736
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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 orders accepted, bonds: 4,000,000
Number of orders accepted: 2
Volume of orders accepted, % of plan: 26.7
Coupon rate, % APR: 4.00
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In the total volume of active orders pension market entities accounted for 24.2 %,
Kazakhstan second-tier banks (STB) - 75.6 %.
According to Central Securities Depository (Almaty) all deals on placement
of MEOKAM-48 of the 44th issue by the end of trade settlement were executed.
25.0 % of the total of sold bonds was bought by pension market entities,
75 % - STB.
Considering earlier held offering the total volume of MEOKAM-48 of 44th issue
(KZK2KY040444) made up 22,558,000 bonds to the face value amount of
KZT22,558,000,000.00.
MEOKAM sold by the Ministry of Finance shall be automatically admitted to
circulation on the secondary market under the trade code as in the table.
The bills will be quoted in 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
[2012-08-29]