/KASE, September 5, 12/ - Kazakhstan Stock Exchange (KASE) informs that a
special trading session to place government mid-term treasury bills of
Kazakhstan's Ministry of Finance (MEOKAM) was held on September 5, 2012
in KASE trading system on the terms below (Almaty time).
ISSUE PARAMETERS:
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Security type: MEOKAM-60
National identification number: KZK2KY050443
Issue order number: 44 / 60
KASE trade code: MOM060_0044
Face value, tenge: 1,000.00
Payment date: September 5, 12
First circulation date: September 5, 12
Last circulation date: September 4, 17
Maturity date: September 5, 17
Circulation term: 5 years (1,800 days)
Coupon payment periodicity: 2 times a year
Coupon payment schedule: 1 March 5, 13
2 September 5, 13
3 March 5, 14
4 September 5, 14
5 March 5, 15
6 September 5, 15
7 March 5, 16
8 September 5, 16
9 March 5, 17
10 September 5, 17
Time base: 30 / 360
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PLACEMENT TERMS:
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Declared placement volume, m tenge: 15,000.0
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 price (rate)
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BID PARAMETERS:
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Number of traders - primary dealers: 7
Number of orders submitted (total / active): 13 / 13
including:
- limited: 12
- market: 1
Active orders*, m tenge: 17,300.0
including:
- limited: 17,150.0
- market: 150.0
Bid to ask, %: 115.3
Coupon rate on orders submitted, % APR:
- minimum: 4.20
- maximum: 5.20
- weighted average: 4.6236
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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: 10,300,000
Number of accepted orders: 9
Volume of accepted orders, % of plan: 68.7
Coupon rate, % APR: 4.50
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In the general volume of active orders pension market entities accounted for
28.9 %, Kazakhstan second-tier banks (STB) - 69.4 %, STB clients - 1.7 %.
According to Central Securities Depository (Almaty) all deals on placement of
MEOKAM-60 of the 44th issue by the end of settlements on trades were
executed. From the total volume of placed bonds 97.1 % were purchased by
STB, 2.9 % - by STB clients.
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
[2012-09-05]