/KASE, September 28, 12/ - Kazakhstan Stock Exchange (KASE) announces
that a special trading session will be held on October 1, 2012 in KASE trading
system to place government short-term treasury bills of Kazakhstan's
Ministry of Finance (MEKKAM) on the terms as below (discount bills, Almaty
time).
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Security type: MEKKAM-12
National identification number: KZK1KY011255
Issue order number: 125 / 12
KASE trade code: MKM012_0125
Nominal value, tenge: 100.00
Payment date: October 1, 2012
First circulation date: October 1, 2012
Last circulation date: September 30, 2013
Maturity date: October 1, 2013
Circulation term: 365 days
Time base: actual / actual
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Declared placement volume, m tenge: 20,000.0
Trade subject: bonds 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)
Limit order acceptance method: at submitted price
Market order acceptance method: at weighted average
price
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As the price an order must indicate the bond's in percentage of the face value,
accurate within fourth decimal. This value is the trade subject.
Trade participants must by the time indicated in the table provide money available
at the money account used for settlement on deals in securities in accordance
with the set of rules of the Central Securities Depository (Almaty), in the amount
sufficient to pay for acquired treasury bonds (based on the assumption that all
orders submitted by primary dealers and received by KASE are subject to
acceptance).
At full or partial satisfaction of orders submitted, the payment of the respective
amount must be carried in accordance with the Rules on placement of
government treasury obligations of the Republic of Kazakhstan. The text of the
said Rules is available at
http://www.kase.kz/files/normative_base/mekam_placement_eng.pdf
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 Regulations on methods of trading is available on the KASE website at
http://www.kase.kz/files/normative_base/methods_eng.pdf
KASE reminds that according to Resolution # 61 of the Management Board of the
National Bank of the Republic of Kazakhstan dated February 24, 2012 "On
Making Changes and Additions to resolution # 170 of the Agency of the Republic
of Kazakhstan on Regulation and Supervision of Financial Market and Financial
Organizations (FSA) dated October 29, 2008 "On Approval of the Rules of
Execution of Activities of Organizers of Trading in Securities and Other Financial
Instruments", from July 15, 2012 orders for participation in special trade for
initial offering of government securities of the Republic of Kazakhstan may
only be submitted by members of KASE stock market - second-tier banks,
accumulative pension funds or institutions carrying out investment
management of pension assets. Second-tier banks can carry out
transactions on behalf and at the account and in interest of clients who are
second-tier banks, accumulative pension funds, insurance organizations
holding a license for "life insurance" activities or organizations carrying out
investment management of pension assets. Organizations carrying out
investment management of pension assets take part in trading only at the
account and in interest of an accumulative pension fund.
The text of the Rules of Execution of Activities of Organizers of Trading in
Securities and Other Financial Instruments is published on KASE website, at
http://www.kase.kz/files/normative_base/post_170.pdf.
[2012-09-28]