/KASE, September 11, 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 11, 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: MEOKAM-60
National identification number: KZK2KY050351
Issue order number: 35 / 60
KASE trade code: MOM060_0035
Face value, tenge: 1,000.00
Number of bonds in circulation, pieces: 10,000,000
Payment date: September 11, 2012
First circulation date: August 13, 2010
Last circulation date: August 12, 2015
Maturity date: August 13, 2015
Circulation term: 5 years (1,800 days)
Coupon rate: 4.80 % APR
Coupon payment schedule: 1 February 13, 2011
2 August 13, 2011
3 February 13, 2012
4 August 13, 2012
5 February 13, 2013
6 August 13, 2013
7 February 13, 2014
8 August 13, 2014
9 February 13, 2015
10 August 13, 2015
Time base: 30 / 360
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PLACEMENT TERMS:
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Declared placement volume, pieces: 15,000,000
Trade subject: "net" price of bonds
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: 5
Number of orders submitted (total / active): 6 / 6
including:
- limited: 6
- market: 0
Active orders*, m tenge: 8,661.5
Bid to ask, %: 57.3
"Net" price on orders submitted, %:
- minimum: 99.9963
- maximum: 102.1827
- weighted average: 100.3415
Yield on orders submitted, % APR:
- minimum: 4.00
- maximum: 4.80
- weighted average: 4.6723
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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: 8,600,000
Volume of accepted orders, tenge: 8,631,788,466.66
Number of accepted orders: 6
Volume of accepted orders, % of plan: 57.3
"Net" price in accepted orders, %: 99.9963
Yield of bonds to maturity for buyer, % APR: 4.8000
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Pension market entities accounted for 69.8 % of all active orders, Kazakhstan
second-tier banks (STB) - 30.2 %.
According to Central Securities Depository (Almaty) all deals on placement
of MEOKAM-60 of the 35th issue by the end of settlements on trades were
executed. From the total volume of placed bonds 69.8 % were purchased by
pensions market entities, 30.2 % - STB.
Taking into account the earlier placement the full volume of MEOKAM-60 of
35th issue (KZK2KY050351) made up 18,600,000 bonds to a total face value
of KZT18,600,000,000.00.
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
[2012-09-11]