/KASE, November 26, 12/ - As was announced earlier, a repeated special trading
session to place government long-term treasury bonds of Kazakhstan's
Ministry of Finance (MEUKAM) will be held in KASE trading system on
November 28, 2012 on the terms as below (Almaty time).
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Security type: MEUKAM-120
National identification number: KZKDKY100102
Issue order number: 10 / 120
KASE trade code: MUM120_0010
Nominal value, tenge: 1,000.00
Volume of bonds circulating, pieces: 28,218,333
Payment date: November 28, 2012
First circulation date: December 21, 2011
Last circulation date: December 20, 2021
Maturity date: December 21, 2021
Circulation term: 10 years (3,600 days)
Coupon rate: 5.30 % APR
Coupon payment periodicity: once a year
Coupon payment date: on 21 December annually
Time base: 30 / 360
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Declared placement volume, pieces: 7,000,000
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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As the price an order must indicate the bond's "net" price (without interest
accrued) expressed in per cent of the face value with accuracy within the fourth
decimal. This value is the trade's subject.
Trade participants must by the time indicated in the table provide money available
at the money account used for settlement on deals in securities in accordance with
the set of rules of the Central Securities Depository (Almaty), in the amount
sufficient to pay for acquired treasury bonds (based on the assumption that all
orders submitted by primary dealers and received by KASE are subject to
acceptance).
At full or partial satisfaction of orders submitted, the payment of the respective
amount must be carried in accordance with the Rules on placement of government
treasury obligations of the Republic of Kazakhstan. The text of the said Rules is
available at
http://www.kase.kz/files/normative_base/mekam_placement_eng.pdf
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 Regulations on methods of trading are available on the KASE website at
http://www.kase.kz/files/normative_base/methods_eng.pdf
KASE reminds that according to Resolution # 61 of the Management Board of the
National Bank of the Republic of Kazakhstan dated February 24, 2012 "On Making
Changes and Additions to resolution # 170 of the Agency of the Republic of
Kazakhstan on Regulation and Supervision of Financial Market and Financial
Organizations (FSA) dated October 29, 2008 "On Approval of the Rules of
Execution of Activities of Organizers of Trading in Securities and Other Financial
Instruments", from July 15, 2012 orders for participation in special trade for
initial offering of government securities of the Republic of Kazakhstan may
only be submitted by members of KASE stock market - second-tier banks,
accumulative pension funds or institutions carrying out investment
management of pension assets. Second-tier banks can carry out transactions
on behalf and at the account and in interest of clients who are second-tier
banks, accumulative pension funds, insurance organizations holding a license
for "life insurance" activities or organizations carrying out investment
management of pension assets. Organizations carrying out investment
management of pension assets take part in trading only at the account and in
interest of an accumulative pension fund.
The text of the Rules of Execution of Activities of Organizers of Trading in
Securities and Other Financial Instruments is published on KASE website, at
http://www.kase.kz/files/normative_base/post_170.pdf
[2012-11-26]