/KASE, November 16, 12/ - Kazakhstan Stock Exchange (KASE) announces that
on November 16, 2012 the repeated special trading session to place government
long-term treasury bonds of Kazakhstan Ministry of Finance (MEUKAM) was held
in KASE trading system on the terms as below (Almaty time).
ISSUE PARAMETERS:
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Security type: MEUKAM-156
National identification number: KZKDKY130018
Issue order number: 1 / 156
KASE trade code: MUM156_0001
Nominal value, tenge: 1,000.00
Volume of bonds in circulation: 7,070,000
Payment date: November 16, 12
First circulation date: November 11, 09
Last circulation date: December 10, 22
Maturity date: December 11, 22
Circulation term: 13 years (4,680 days)
Coupon rate: 6.80 % APR
Coupon payment periodicity: once a year
Coupon payment date: December 11 annually
Time base: 30 / 360
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PLACEMENT TERMS:
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Declared placement volume, units: 10,000,000
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
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BID PARAMETERS:
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Number of participants: 7
Number of orders submitted (total / active): 14 / 13
including:
- limited: 12 / 11
- market: 2 / 2
Active orders*, m tenge: 9,543.3
including:
- limited: 9,343.2
- market: 200.1
Bid to ask, %: 113.4
"Net price" on orders submitted, % APR:
- minimum 58.6843 / 58.6843
- maximum 102.1000 / 102.1000
- weighted average 94.0242 / 93.7429
Yield on orders submitted, % APR:
- minimum 6.5073 / 6.5073
- maximum 15.0000 / 15.0000
- weighted average 7.6709 / 7.7138
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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: 4,550,000
Volume of accepted orders, tenge: 4,837,249,588.89
Number of orders accepted: 6
Volume of accepted orders, % of plan: 45.5
"Net" price in orders accepted, %: 99.9854
Yield to maturity for buyer, % APR: 6.80
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In the total number of active orders pension market entities accounted for 33.8 %,
Kazakhstan second-tier banks (STB) - for 44.1 %, STB clients - 22.1 %.
According to Central Securities Depository, all deals on placement of MEUKAM-156
of the 1st issue by the end of settlement on trade results were executed. 23.1 %
from the total volume of offered bonds were purchased by pension market entities,
22.0 % - STB, 54.9 % STB - clients.
Considering previous placement the full volume of MEUKAM-156 of the 1st issue
(KZKDKY130018) made up 11,620,000 bonds to the total face value of
KZT11,620,000,000.00.
MEUKAM sold by the Kazakhstan Finance Ministry shall automatically be admitted
to circulation on the KASE secondary market under the trade code as in the table.
The securities must quote in KASE trading systems at 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 the KASE website at
http://www.kase.kz/files/normative_base/mekam_placement_eng.pdf
[2012-11-16]