/KASE, November 5, 12/ - Kazakhstan Stock Exchange (KASE) has informed that
a special trading session to place government mid-term treasury obligations of
Kazakhstan's Ministry of Finance (MEOKAM) was held in KASE trading system
on November 5, 2012 on the terms as below (Almaty time).
ISSUE PARAMETERS:
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Security type: MEOKAM-48
National identification number: KZK2KY040493
Issue order number: 49 / 48
KASE trade code: MOM048_0049
Nominal value, tenge: 1,000.00
Payment date: November 5, 2012
First circulation date: November 5, 2012
Last circulation date: November 4, 2016
Maturity date: November 5, 2016
Circulation term: 4 years (1,440 days)
Coupon payment periodicity: twice a year
Coupon payment schedule: 1 May 5, 2013
2 November 5, 2013
3 May 5, 2014
4 November 5, 2014
5 May 5, 2015
6 November 5, 2015
7 May 5, 2016
8 November 5, 2016
Time base: 30 / 360
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PLACEMENT TERMS:
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Declared placement volume, m tenge: 10,000.0
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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ASK PARAMETERS:
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Number of participants - primary dealers: 4
Number of submitted orders (all / active): 7 / 6
including:
- limited: 5 / 4
- market: 2 / 2
Active orders*, m tenge: 5,750.0
including:
- limited: 4,700.0
- market: 1,050.0
Bid to ask, %: 57.5
Coupon rate on submitted orders, % (all / active):
- minimum: 3.85
- maximum: 5.50
- weighted average: 4.6694 / 4.9309
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* Active orders - orders, not annulled by traders at the moment of
order submission expiry, including those confirmed by
Confirmation system members.
PLACEMENT RESULTS:
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Volume of satisfied orders, bonds: 3,550,000
Number of satisfied orders: 4
Volume of satisfied orders, % of plan: 35.5
Coupon rate, % APR: 5.30
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Kazakhstan second-tier banks (STB) accounted for 55.6 % of all active orders,
STB clients - 44.4 %.
According to Central Securities Depository (Almaty) all deals on placement of
MEOKAM-48 of the 49th issue by the end of settlements on trades were executed.
Of the total volume of placed bonds 28.2 % were purchased by STB, 71.8 % - 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
[2012-11-05]