/KASE, November 26, 12/ - Kazakhstan Stock Exchange (KASE) announces that a
repeated special trading session to place government long-term treasury bonds
of Kazakhstan's Ministry of Finance (MEUKAM) was held in KASE trading
system on November 26, 2012 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: 11,620,000
Payment date: November 26, 2012
First circulation date: December 11, 2009
Last circulation date: December 10, 2022
Maturity date: December 11, 2022
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: 3
Number of orders submitted (total / active): 6 / 6
including:
- limited: 5
- market: 1
Active orders*, mln tenge: 1,620.9
including:
- limited: 5
- market: 1
Bid to ask, %: 19.6
"Net price" on orders submitted, % APR:
- minimum 98.5819
- maximum 101.4266
- weighted average 100.5987
Yield on orders submitted, % APR (all / active):
- minimum 6.60
- maximum 7.00
- weighted average 6.7149
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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: 1,463,200
Volume of accepted orders, tenge: 1,579,424,414,66
Number of orders accepted: 3
Volume of accepted orders, % of plan: 14.6
"Net" price in orders accepted, %: 101.4265
Yield to maturity for buyer, % APR: 6.6000
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In the total number of active orders pension market entities accounted for 49.1 %,
a Kazakhstan's second-tier bank (STB) - for 50.9 %.
According to Central Securities Depository, all deals on placement of MEUKAM-156
of the first issue by the end of settlement on trade results were executed.
31.7 % of the total volume of bonds sold were purchased by a pension market
entity, 68.3 % - by a Kazakhstan's bank.
Taking into account the earlier placement the full volume of MEUKAM-156 of the
first issue (KZKDKY130018) made up 13,083,200 bonds to the total face value of
KZT13,083,200,000.00.
MEUKAM sold by Kazakhstan's Ministry of Finance 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
[2012-11-26]