/KASE, December 12, 12/ - Kazakhstan Stock Exchange (KASE) informs that a
repeated special trading session for offering of government mid-term treasury
obligations of Kazakhstan's Ministry of Finance (MEOKAM) will be held in
KASE trading system on December 14, 2012 on the following terms (Almaty
time).
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Security type: MEOKAM-48
National identification number: KZK2KY040493
Issue order number: 49 / 48
KASE trade code: MOM048_0049
Nominal value, tenge: 1,000.00
Volume of bonds in circulation, pieces: 3,550,000
Payment date: December 14, 2012
First circulation date: November 5, 2012
Last circulation date: November 4, 2016
Maturity date: November 5, 2016
Circulation term: 4 years (1,440 days)
Coupon rate: 5.30 % APR
Coupon payment schedule: 1 May 5, 2013
2 November 5, 2013
3 May 5, 2014
4 November 5, 2014
5 May 5, 2015
6 November 5, 2015
7 May 5, 2016
8 November 5, 2016
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 "net" price (without taking into
account the interest accrued) of the bond in percentage of the bond face
value expressed with accuracy 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 is 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
[2012-12-12]