/KASE, November 26, 12/ - Kazakhstan Stock Exchange (KASE) informs that a
repeated special trading session to place government long-term treasury bills of
Kazakhstan's Ministry of Finance (MEUKAM) was held on November 26, 2012 in
KASE trading system on the terms as below (Almaty time).
ISSUE PARAMETERS:
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Security type: MEUKAM-108
National identification number: KZKDKY090071
Issue order number: 7 / 108
KASE trade code: MUM108_0007
Nominal value, tenge: 1,000.00
Volume of bonds in circulation, pieces: 20,200,000
Payment date: November 26, 2012
First circulation date: December 14, 2011
Last circulation date: December 13, 2020
Maturity date: December 14, 2020
Circulation term: 9 years (3,240 days)
Coupon rate: 5.00 % APR
Coupon payment periodicity: once a year
Coupon payment date: December 14, annually
Time base: 30 / 360
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PLACEMENT TERMS:
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Declared offer volume, pieces: 9,000,000
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: 3
Number of submitted orders (all / active): 5 / 5
including:
- limited: 4
- market: 1
Volume of active orders*, m tenge: 1,062.1
including:
- limited: 966.8
- market: 95.4
Bid to ask, %: 22.4
"Net" price on orders submitted, %:
- minimum 88.2703 %
- maximum 92.5637 %
- weighted average 90.6117 %
Yield on orders submitted, % APR:
- minimum 6.20
- maximum 6.95
- weighted average 6.5354
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* active orders - orders not annulled by traders at the order submission expiry
including those confirmed by Confirmation system members.
In the total volume of active orders pension market entities accounted for 50.3 %,
Kazakhstan's second-tier banks (STB) - 49.7 %.
The Ministry of Finance of the Republic of Kazakhstan declared this special
trading session as failed due to an unfavourable price fixed on the orders
submitted.
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
[2012-11-26]