/KASE, December 11, 12/ - Kazakhstan Stock Exchange (KASE) announces
that a repeated special trading session will be held on December 13, 2012 in
KASE trading system to place government short-term treasury bills of
Kazakhstan's Ministry of Finance (MEKKAM) on the terms as below (discount
bills, Almaty time).
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Security type: MEKKAM-9
National identification number: KZK1KM090187
Issue order number: 18 / 9
KASE trade code: MKM009_0018
Nominal value, tenge: 100.00
Volume of bonds in circulation, pieces: 100,000,000
Payment date: December 13, 2012
First circulation date: November 7, 2012
Last circulation date: August 6, 2013
Maturity date: August 7, 2013
Circulation term: 274 days
Time base: actual / actual
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Declared offering volume, pieces: 80,000,000
Trade subject: "net" price of bond
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)
Limit order acceptance method: at submitted price
Market order acceptance method: at weighted average
price
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As the price an order must indicate the bond's "net" price (except for interest
accrued) in percentage of the face value, accurate within the fourth decimal.
This value is the trade 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
[2012-12-11]