/KASE, September 3, 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
September 3, 2012 in KASE trading system. The table shows the main
parameters of issue, terms and results of placement (Almaty time).
ISSUE PARAMETERS:
-------------------------------------------------- ------------------------------
Security type: MEOKAM-60
National identification number: KZK2KY050336
Issue order number: 33 / 60
KASE trade code: MOM060_0033
Nominal value, tenge: 1,000.00
Volume of circulation bonds, units: 13,000,000
Payment date: September 3, 2012
First circulation date: April 7, 2010
Last circulation date: April 6, 2015
Maturity date: April 7, 2015
Circulation term: 5 years (1,800 days)
Coupon rate: 4.40 % APR
Coupon payment schedule: 1 October 7, 2010
2 April 7, 2011
3 October 7, 2011
4 April 7, 2012
5 October 7, 2012
6 April 7, 2013
7 October 7, 2013
8 April 7, 2014
9 October 7, 2014
10 April 7, 2015
Time base: 30 / 360
-------------------------------------------------- ------------------------------
PLACEMENT TERMS:
-------------------------------------------------- ------------------------------
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)
-------------------------------------------------- ------------------------------
BID PARAMETERS:
-------------------------------------------------- ------------------------------
Number of traders - primary dealers: 4
Number of orders submitted (total / active): 5 / 5
including:
- limited: 5
- market: 0
Active orders*, m tenge: 8,212.4
Bid to ask, %: 53.3
"Net" price on orders submitted, %:
- minimum: 100.0000
- maximum: 101.5896
- weighted average: 100.8702
Yield on orders submitted, % APR:
- minimum: 3.75
- maximum: 4.40
- weighted average: 4.04
---------------------------------------------------------------------------------
* 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: 8,000,000
Volume of accepted orders, tenge: 8,142,755,555.55
Number of accepted orders: 5
Volume of accepted orders, % of plan: 53.3
"Net" price in accepted orders, %: 100.0000
Yield of bonds to maturity for buyer, % APR: 4.3985
---------------------------------------------------------------------------------
Pension market entities accounted for 25.0 % of all active orders, Kazakhstan
second-tier banks (STB) - 75.0 %.
According to Central Securities Depository (Almaty) all deals on placement
of MEOKAM-60 of the 33rd issue by the end of settlements on trades were
executed. From the total volume of placed bonds 25.0 % were purchased by
pensions market entities, 75.0 % - STB.
Taking into account the earlier placement the full volume of MEOKAM-60 of the
33rd issue (KZK2KY050336) made up 21,000,000 bonds to a total face value
of KZT21,000,000,000.00.
MEOKAM sold by the Ministry of Finance shall automatically be admitted to
circulation on the KASE secondary market under the trade code indicated in the
table. At that bonds must be quoted in the KASE trading system 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 KASE website, at
http://www.kase.kz/files/normative_base/mekam_placement_eng.pdf
[2012-09-03]