/KASE, November 7, 12/ - Kazakhstan Stock Exchange (KASE) informs that on
November 7, 2012 a special trading session was held in KASE trading system to
place government short-term treasury bonds of the Ministry of Finance of
the Republic of Kazakhstan (MEKKAM) on the terms as below (discount
bonds, Almaty time).
ISSUE PARAMETERS:
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Security type: MEKKAM-9
National identification number: KZK1KM090187
Issue order number: 18 / 9
KASE trade code: MKM009_0018
Nominal value, tenge: 100.00
Payment date: November 7, 2012
First circulation date: November 7, 2012
Last circulation date: August 6, 2013
Maturity date: August 7, 2013
Circulation term: 273 days
Time base: actual / actual
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PLACEMENT TERMS:
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Declared placement volume, m tenge: 15,000.0
Trade subject: price of bond
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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BID PARAMETERS:
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Number of traders - primary dealers: 5
Number of orders submitted (total / active): 16 / 11
including:
- limited: 16 /11
- market: 0
Active orders*, m tenge: 9,817.1
Bid to ask, %: 66.7
Price on orders submitted, % (all / active):
- minimum: 97.8054 / 97.8054
- maximum: 98.6352 / 98.5262
- weighted average: 98.2799 / 98.1712
Yield on orders submitted, % APR (all / active):
- minimum: 1.8500 / 1.9999
- maximum: 3.0000 / 3.0000
- weighted average: 2.3400 / 2.4906
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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 orders accepted, bonds: 100,000,000
Volume of orders accepted, tenge: 9,817,116,000.00
Number of orders accepted: 11
Volume of orders accepted, % of plan: 66.7
Price in orders accepted, %:
- minimum (cut-off): 97.8054
- maximum: 98.5262
- weighted average: 98.1712
Yield of bonds to maturity for buyer, % APR:
- minimum: 1.9999
- maximum: 3.0000
- weighted average: 2.4906
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In the total volume of active orders second tier banks (STB) accounted for
90.0 %, STB clients - 10.0 %.
According to Central Securities Depository all deals on placement of MEKKAM-9
of 18th issue by the end of settlement on trade results were executed. 90.0 % of
the total offered bonds were purchased by STB, 10.0 % - STB clients.
MEKKAM sold by Kazakhstan Ministry of Finance shall automatically be admitted
to circulation on the KASE secondary market under the trade code as in the
table.
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 the KASE website at
http://www.kase.kz/files/normative_base/mekam_placement_eng.pdf
[2012-11-07]