/KASE, November 12, 12/ - Kazakhstan Stock Exchange (KASE) announces
the repeated special trading session to place government mid-term treasury
of Kazakhstan Ministry of Finance (MEOKAM) was held in system on November 12,
2012 on the below terms (Almaty time).
ISSUE PARAMETERS:
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Security type: МЕОКАМ-60
National identification number: KZK2KY050344
Issue order number: 34 / 60
KASE trade code: MOM060_0034
Face value, tenge: 1,000.00
Volume of bonds circulating, units: 14,000,000
Payment date: November 12, 2012
First circulation date: May 20, 2010
Last circulation date: May 19, 2015
Maturity date: May 20, 2015
Circulation term: 5 years (1,800 days)
Coupon rate: 5.00 % APR
Coupon payment schedule: 1 November 20, 2010
2 May 20, 2011
3 November 20, 2011
4 May 20, 2012
5 November 20, 2012
6 May 20, 2013
7 November 20, 2013
8 May 20, 2014
9 November 20, 2014
10 May 20, 2015
Time base: 30 / 360
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PLACEMENT TERMS:
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Declared placement volume, pieces: 5,000,000
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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Traders - primary dealers: 6
Submitted orders (all / active): 8 / 8
including:
- limited: 8
- market: 0
Active orders*, m tenge: 11,065.1
Bid to ask, %: 215.0
"Net" price on submitted orders, % (all / active):
- minimum: 98.6050
- maximum: 102.3756
- weighted average: 100.5425
Yield on submitted orders, % APR (all / active):
- minimum: 4.00
- maximum: 5.60
- weighted average: 4.7686
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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 accepted orders, bonds: 7,550,000
Volume of accepted orders, tenge: 7,730,262,961.10
Number of accepted orders: 6
Volume of accepted orders, % of plan: 151.0
"Net" price in accepted orders, %: 99.9987
Yield to maturity for a buyer, % APR: 5.0000
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In the general volume of active orders pension market entities accounted for
0.5 %, Kazakhstan second-tier banks (STB) - 99.5 %.
According to Central Securities Depository (Almaty) all deals on placement of
MEOKAM-60 of the 34th issue by the end of settlements on trades were
executed. 0.7 % from the total volume of offered bonds was purchased by
pension market entities, 99.3 % - STB.
Considering previous offering the full volume of МЕОКАМ-60 of 34th issue
(KZK2KY050344) made up 21,550,000 bonds to the amount of face value
KZT21,550,000,000.00.
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
[2012-11-12]